Market Commentary - Stock Alert
Steel Strips Wheels Limited (SSWL) reported a record monthly net turnover of Rs 592.92 Cr in August 2026, a 53.62% year-over-year increase from Rs 385.98 Cr in August 2025. Gross turnover reached Rs 687.51 Cr, up 44.72% from Rs 475.06 Cr. Growth was driven by aluminum (73%), trucks (53%), 2 & 3-wheelers (61%), and exports (63%).
Raaj Medisafe (India) Limited received a Letter of Award from Madhya Pradesh Public Health Services Corporation Limited on August 31, 2026, for supplying 29,88,220 Baby Diapers (Small) to government hospitals. The contract, valued at approximately Rs 17.02 Crores inclusive of GST, requires supply within 18 months and involves no related party transactions.
Sri KPR Industries Ltd. set a record date of September 23, 2026, to pay a final dividend of Rs 1 per equity share, with a face value of Rs 10, for fiscal year 2025-26. The stock has increased 6.77% in the last week, 2.13% in the last month, and remained flat over the last year, with an average delivered quantity of 92.35%.
Global Surfaces Ltd. received rating actions from Acuité Ratings & Research Limited and Acuite. Long Term Bank Loan Facilities were downgraded from ACUITE BBB+ to BBB, and Short Term Bank Loan Facilities from ACUITE A2 to A3+. Acuite reaffirmed ratings for Bank facilities totaling Rs. 143.10 Cr. with a Negative Outlook.
Makers Laboratories Ltd. reported to the BSE Limited on September 1, 2026, that CARE Edge Ratings reaffirmed its long-term bank facilities rating as CARE BBB+; Stable. The rating applies to long-term bank facilities valued at Rs 8.00 crore, representing neither an enhancement, assignment, nor withdrawal.