Wheels India Ltd

NSE
WHEELS •
BUY

1W Return

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1M Return

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6M Return

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1Y Return

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3Y Return

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Start SIP in Wheels India Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
29.91% Fall from 52W High
-9.3
TTM PE Ratio
Below industry Median
30.1
Price to Book Ratio
Low in industry
1.9
Dividend yield 1yr %
Below industry Median
0.7
TTM PEG Ratio
PEG TTM is negative
-1.5
RSI
RSI is mid-range
35.4
MFI
MFI oversold
22.7

Wheels India Ltd Key Financials

*All values are in ₹ Cr.

Wheels India Ltd shareholding Pattern

Promoter
58.3%
Foreign Institutions
0.2%
Mutual Funds
16.7%
Domestic Institutions
18.3%
Public
23.2%

Wheels India Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
608.20
10Day EMA
616.90
12Day EMA
620.60
20Day EMA
634.00
26Day EMA
641.70
50Day EMA
660.80
100Day EMA
677.50
200Day EMA
675.20
Delivery & Volume
Resistance & Support
599.83
Pivot
Resistance
First Resistance
605.72
Second Resistance
612.18
Third Resistance
618.07
Support
First Support
593.37
Second support
587.48
Third Support
581.02
Relative Strength Index
35.40
Money Flow Index
22.73
MACD
-21.12
MACD Signal
-18.75
Average True Range
25.56
Average Directional Index
17.24
Rate of Change (21)
-13.11
Rate of Change (125)
-20.37

Wheels India Ltd Company background

Founded in: 1960
Managing director: Srivats Ram
Wheels India Ltd, promoted by the TVS Group Company was started in early 60s to manufacture automobile wheels. The Company is among the worlds largest manufacturers of steel, aluminum, and wire wheels. Since the establishment of the organization in 1960, it has consistently enhanced their engineering capabilities to build and deliver worldclass products. It widened the portfolio through strategic diversification to offer bus and truck chassis, suspension products, hydraulic cylinders, customfabricated assemblies, and precision components for wind turbines.The Company manufactures wheels in technical and financial collaboration with Dunlop Holdings, UK, (35.91% equity stake). Now, it grew as a leading manufacturer of steel wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment in India. The company supplies 2/3rd of the domestic market requirement and exports 15% of the turnover to North America, Europe, Asia Pacific and South AfricaThe company has it plant located at Rampur in Uttar Pradesh, at Chennai in Tamil Nadu, at Kancheepuram in Tamilnadu amd at Pune in Maharashtra.The company also has a technicalfinancial collaboration with Titan EuropeThe company is a QS 9000 certified.An in house process for manufacturing 3 piece earthmover wheels was developed during 200102, which are being supplied to Caterpillars European plants.During 200304, the company commenced supplies of Air Suspension Kits toOEM Customers.During 20042005, the company obtained the TS 16949:2002 quality certification. The companies capacity for production of Wheels expanded from 7064000 Nos to 7100000 Nos during 20052006In 2006, the Company started production of Bawal Plant in Haryana. In 2007, it opened Sriperumbudur Plant in Tamil Nadu. In 2009, it opened Pantnagar Plant in Uttarkhand in 2010, it opened renewable energy components plant in Irungattukottai, Tamil Nadu. In 2012, it opened fabrication plant at Namachivayapuram, in Tamil Nadu. In 202122, The TVS Family came to an arrangement to align the ownership and management within different family groups. As a part of TVS Family arrangement, the Honble National Company Law Tribunal (NCLT), vide its order dated December 06, 2021 approved the amalgamation of M/s Southern Roadways Pvt. Ltd. (SRPL) with M/s. T. V. Sundram Iyengar Sons Pvt. Ltd. (TVSS), promoters of the Company. Consequent to approval of the Composite Scheme of Amalgamation / Arrangement, the holding of 71,43,656 equity shares, representing 29.69% were transferred to / vested in M/s. Trichur Sundaram Santhanam Family Private Limited (TSSFPL), effective February 04, 2022. Further, SRPL ceased to be a Promoter of the Company effective January 06, 2022 and TSSFPL became Promoter of the Company, effective February 04, 2022. The Company commissioned a stateoftheart Cast Aluminium Wheel Plant at Thervoy Kandigai, in Tamil Nadu in 2022.
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Wheels India Ltd FAQs

Wheels India Ltd shares are currently priced at 599.25 on NSE and 601.15 on BSE as of 2/21/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Wheels India Ltd [WHEELS] share was 16.92. The Wheels India Ltd [WHEELS] share hit a 1-year low of Rs. 432.3 and a 1-year high of Rs. 855.

The market cap of Wheels India Ltd is Rs. 1442.07 Cr. as of 2/21/2024 12:00:00 AM.

The PE ratios of Wheels India Ltd is 25.89 as of 2/21/2024 12:00:00 AM.

The PB ratios of Wheels India Ltd is 1.94 as of 2/21/2024 12:00:00 AM

The Mutual Fund Shareholding was 16.7% at the end of 2/21/2024 12:00:00 AM.

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