SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Wheels India trades jubilantly on the BSE

07 Nov 2017 Evaluate

Wheels India is currently trading at Rs. 1880.10, up by 234.75 points or 14.27% from its previous closing of Rs. 1645.35 on the BSE.

The scrip opened at Rs. 1700.00 and has touched a high and low of Rs. 1944.00 and Rs. 1699.75 respectively. So far 3350 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1944.00 on 07-Nov-2017 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. 1944.00 and Rs. 1599.95 respectively. The current market cap of the company is Rs. 2238.00 crore.

The promoters holding in the company stood at 75.00%, while institutions and non-institutions held 8.41% and 16.59% respectively.

Wheels India has reportedly signaled at a resumption of capex cycle as the capacity constraints emerge after a long gap. The company’s commercial vehicle segment is expected to maintain the projected growth, while passenger cars will continue to maintain the momentum driven by a few top players.

Moreover, tractors segment is also expected to maintain the momentum with some moderation during the November-January period and the construction equipment sector is bullish on sustaining double-digit growth on the back of government’s continuing focus on infrastructure spend. Thus, the businesses that the company serves present a favourable growth outlook. However, the wind energy component business is facing challenges.

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
Peers
Company Name CMP
SamvardhanaMotherson 122.70
Tube Investments 2756.10
Bosch 37425.50
UNO Minda 1109.60
CIE Automotive India 482.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×