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Wheels India inches up on incorporating wholly owned subsidiary company

08 Jun 2017 Evaluate

Wheels India is currently trading at Rs. 1275.00, up by 1.15 points or 0.09 % from its previous closing of Rs. 1273.85 on the BSE.

The scrip opened at Rs. 1275.00 and has touched a high and low of Rs. 1275.00 and Rs. 1275.00 respectively. So far 1 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1417.00 on 09-Aug-2016 and a 52 week low of Rs. 1081.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1314.10 and Rs. 1,273.00 respectively. The current market cap of the company is Rs. 1534.12 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 7.90% and 17.10% respectively.

Wheels India has incorporated a wholly owned subsidiary (WOS) company by the name ‘WIL Car Wheels’ (WCWL) for undertaking the manufacture of steel wheels and ancillary products. WCWL is newly incorporated company with a paid-up share capital of Rs 3.70 crore. WCWL is yet to commence its business operations.  

Wheels India is company promoted by the TVS Group, India’s largest auto component manufacturers. It is one of the largest steel wheel manufacturers in the world.

Wheels India Share Price

1024.95 -8.25 (-0.80%)
16-Apr-2026 16:59 View Price Chart
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