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ZF Steering Gear rockets 15% as subsidiary bags ₹151 Cr aluminum parts deal

News by Aliceblue News Desk

31 Dec 2025

ZF Steering Gear rockets 15% as subsidiary bags ₹151 Cr aluminum parts deal

Introduction

Leading automotive component manufacturer’s subsidiary secured a Rs. 151 crore domestic order for manufacturing and supply of machined aluminum parts, to be executed over a fifteen-month period.

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Share price movement of ZF Steering Gear

On December 31, 2025, ZF Steering Gear India Ltd opened at ₹773.80, up 4.52% from its previous close of ₹740.65. The stock reached a high of ₹852.00 (14.99%) and a low of ₹773.80. By 11:57 AM, it traded at ₹790.00, a 6.66% increase, with a market cap of ₹716.79 crore.

ZF Steering Gear Subsidiary Bags Rs 151 Crore Order

ZF Steering Gear (India) Ltd’s wholly owned subsidiary, Drivesys Systems Private Limited (Aluminium Division), has received a significant domestic order worth approximately Rs. 151 crore from a leading Indian business conglomerate.

The order involves manufacturing and supply of machined aluminum parts. Prices are on CIF basis and linked to Base Metal prices declared by NALCO. The execution period is fifteen months.

Stock performance of ZF Steering Gear for Period of 1 week, 6 months, and 1 year

ZF Steering Gear India Ltd delivered a -2.59% return over the past week, it declined by 36.7% in the past six months. The stock fell 49.5% over the past year.

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Shareholding pattern of ZF Steering Gear

ParticularsSep 2025Jun 2025Mar 2025
Promoter66.90%66.90%67.00%
FII0.00%0.00%0.00%
DII0.00%0.00%0.00%
Public33.00%33.10%33.00%

About ZF Steering Gear

ZF Steering Gear (India) Ltd (BSE: 505163), incorporated in 1981, manufactures and assembles steering systems for vehicles, buses, and tractors, serving the automotive sector with engineering and production expertise.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is ZF Steering Gear (India) Ltd share price going up today?

A: ZF Steering Gear (India) Ltd subsidiary Drivesys Systems secures Rs. 151 crore domestic order for manufacturing and supply of machined aluminum parts.

Q: What does ZF Steering Gear (India) Ltd specialize in?

A: ZF Steering Gear (India) Ltd specializes in production and assembly of steering systems for vehicles, buses, and tractors.

Q: What is the market capitalization of ZF Steering Gear (India) Ltd?

A: The market capitalization of ZF Steering Gear (India) Ltd is approximately Rs. 716.79 crore as of December 31, 2025.

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