Steel Strips Wheels is on a run today. With an almost 4 times jump in volumes, the stock hit a new high at Rs.196 and it currently remains up 5.5% at Rs.188 levels.

The stock is reacting to the announcement from the company that it has bagged its first export order from Russia. This is for 3000 wheels and will cater to the passenger car segment. The company has not given any financial details of this order except that this order will open up new doors of opportunity in the Russian territory.