ZF Steering Gear Shares Jump After Subsidiary Secures ₹151 Crore Order
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ZF Steering Gear Shares Jump After Subsidiary Secures ₹151 Crore Order

ZF Steering Gear's share price surged by over 15% on December 31, 2025, reaching an intraday high of ₹852. This significant rise followed the announcement that its wholly-owned subsidiary, Drivesys Systems (Aluminium Division), secured a major order valued at approximately ₹151 crore. The order, from a leading Indian business conglomerate for its Renewable Energy business, involves the manufacturing and supply of machined aluminum parts over 15 months.

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