Automotive steel wheels manufacturer Steel Strips Wheels surged on the bourses on Wednesday as the company won maiden truck wheels order from high potential US Truck & Trailer Aftermarket.

Shares of Simplex Infrastructures hit a fresh 52-week high of Rs. 617 on NSE on Wednesday after the company announced an order win from MMRDA worth Rs. 1,080 crore.

Indian mass-transit operator Metro Link Express for Gandhinagar and Ahmedabad (MEGA) Company has awarded an order of around Rs 579 crore to Siemens India and Siemens AG, Germany. 

The share price of Whirlpool of India surged by over 3 per cent during Wednesday's trade. The surge in the share price came on the back the company’s capacity expansion plans. It hit an intraday high of Rs. 1,582 per share, up by 3.29 per cent on BSE on Wednesday.

Following stocks are close to their 52-week low as at 12.36 p.m. on January 10.

The markets on January 10 opened gap down. BSE Sensex is trading at 34,374.89, down by 68.30 points and the Nifty is trading at 10,609.45, down by 27.55 points.

Textile major Welspun India extended its gains during Wednesday’s intraday trade with a surge of over 12 per cent on BSE. The stock hit an intraday high of Rs. 82.50 per share, up by 12.32 per cent following the incorporation of the company’s wholly-owned subsidiary Welspun Nexgen on Tuesday.

Motherson Sumi Systems, through its subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRPBV), announced the formation of Joint Venture with Ossia to bring real wireless power to the automobile.

Balasore Alloys zoomed on the bourses by over 11 per cent in the early morning trade on Wednesday after the company announced that it will acquire 70 per cent shares of Zimbabwe Alloys.