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Titan Europe raises open price for acquiring Wheel India by Rs 27.43

27 Dec 2012 Evaluate

Titan Europe has raised the open offer price for acquisition of 14.38% stake in Wheels India to Rs 752.81 an equity share from earlier price of Rs 725.38. The tender period commences on February 8 and closes on February 22. Titan Europe currently holds 35.91 per cent i.e., 35.44 lakh shares in Wheels India.

Wheels India is promoted by the TVS Group and was started in the early sixties to manufacture automobile wheels. Today, Wheels India has grown as a leading manufacturer of steel wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment in India.

Wheels India Share Price

1288.80 58.85 (4.78%)
04-May-2026 10:13 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 122.35
Tube Investments 2934.65
Bosch 36320.00
UNO Minda 1129.40
CIE Automotive India 478.50
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