Z F Steering Gear (India) Ltd Share Price – BSE

Auto Ancillaries, Small Cap

Net profit of Z F Steering Gear (India) reported to Rs 7.84 crore in the quarter ended December 2025 as against net loss of Rs 0.86 crore during the previous quarter ended December 2024. Sales rose 21.81% to Rs 143.23 crore in the quarter ended December 2025 as against Rs 117.58 crore during the previous quarter ended December 2024.

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ZF Steering Gear (India) will hold a meeting of the Board of Directors of the Company on 31 January 2026.

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The key equity barometers traded with modest gains in mid-morning trade. Trading sentiment stayed positive amid thin year-end volumes and absence of strong domestic triggers. The Nifty scaled above the 26,050 mark.

PSU Bank shares rallied in the three consecutive trading sessions.

At 11:26 ST, the barometer index, the S&P BSE Sensex advanced 274.61 points or 0.32% to 84,946.70. The Nifty 50 index jumped 116.20 points or 0.45% to 26,055.05.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.75%, while the S&P BSE Small-Cap index added 0.82%.

The market breadth was strong. On the BSE, 2,634 shares rose and 1,200 shares fell. A total of 219 shares were unchanged.

Buzzing Index:

The Nifty PSU bank index rallied 1.57% to 8,563.65. The index jumped 3.33% in the three consecutive trading sessions.

Punjab & Sind Bank (up 3.37%), Indian Bank (up 2.67%), Bank of Maharashtra (up 2.63%), Canara Bank (up 2.09%), UCO Bank (up 1.94%), Union Bank of India (up 1.94%), Punjab National Bank (up 1.93%), Bank of India (up 1.53%), Bank of Baroda (up 1.28%) and Indian Overseas Bank (up 1.17%) advanced.

Stocks in Spotlight:

ZF Steering Gear India surged 5.34% after the company announced that its wholly owned subsidiary, Drivesys Systems, has secured a significant order worth Rs 151 crore for its renewable energy business.

Power Grid Corporation of India rose 1.54% after the company said that it has declared a successful bidder for the 2,000 MWh battery energy storage project.

Global Markets:

Asia market traded mixed on the holiday-shortened and final trading day of the year.

Markets in Hong Kong and Australia will close early for the holidays, while Japan and South Korea are shut for the day.

China?s economy ended the year on a slightly less gloomy note, as factory activity expanded in December for the first time since March, beating expectations, according to official data released Wednesday.

The official manufacturing purchasing managers index rose to 50.1 in December, higher than 49.2 reading that was recorded in November. A reading above 50 indicates expansion.

Overnight in the U.S., the S&P 500 fell modestly, notching a third consecutive losing session. The broad market index lost 0.14% and closed at 6,896.24, while the Nasdaq Composite slipped 0.24% and settled at 23,419.08. The Dow Jones Industrial Average shed 0.20% and ended at 48,367.06.

The three major averages have slumped to start the week, dragged down by losses in tech. Nvidia posted back-to-back losing sessions, as did another AI stock Palantir Technologies.

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In an exchange filing, the company said the order was received from a leading Indian business conglomerate. However, the name of the customer has not been disclosed to protect commercial confidentiality and avoid any potential impact on future business opportunities. ZF Steering Gear India confirmed that the counterparty is a credible and well-established entity.

The order involves the manufacturing and supply of machined aluminium parts. Pricing for the order is on a CIF basis and is linked to base metal prices declared by NALCO.

The company stated that the order will be executed over a period of 15 months. It also clarified that none of its promoters or members of the promoter group have any interest in the awarding entity, and the transaction does not fall under related-party transactions under applicable regulatory norms.

ZF Steering Gear (India) is engaged in the business of production & assembling of steering systems for vehicles, buses and tractors.

On the financial front, the company reported a consolidated net loss of Rs 0.39 crore in Q2 FY26, compared with a net profit of Rs 1.72 crore in Q2 FY25. However, revenue from operations rose 8.4% year-on-year to Rs 120.56 crore in Q2 FY26.

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