Wheels India Ltd. News and Updates

Keep track of all breaking news on Wheels India Ltd. from all sources in a single place.

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Wheels India Ltd.

30 Jan 2024

593.30

0.99%

Chennai floods pull down Wheels India's Q3 profit

Business Line

Wheels India Ltd's Q3 net profit drops to 12.58 crores due to low demand in specific segments and plant disruptions, while revenues rise 11.1% on strong export recovery

Wheels India Ltd.'s price crossed below 50Day SMA today

Wheels India Ltd.

02 Nov 2023

593.30

0.99%

to see Rapid results content

Wheels India Ltd.

01 Nov 2023

593.30

0.99%

Wheels India to open subsidiaries in US, Europe

Business Today

Chennai-based auto component maker's expansion to look at offload business in construction and agri tractor segments

Number of FII/FPI investors increased from 12 to 18 in Dec 2024 qtr.

Wheels India plans to open subsidiaries in US, Europe

Business Line | 01 Nov 2023

Wheels India Ltd.

01 Aug 2023

593.30

0.99%

Wheels India posts 13 crore net in Q1 on higher exports

Business Line

Amidst a muted domestic market, exports strong at 25 per cent of sales

Wheels India Ltd. is trading above its 30 day SMA of 592.6

Wheels India Ltd.

01 Aug 2023

593.30

0.99%

to see Rapid results content

Wheels India Ltd.

28 Jul 2023

593.30

0.99%

Wheels India gets NCLT nod to merge with Sundaram Hydraulics

Business Line

The effective date is yet to be announced

Wheels India Ltd.'s price crossed below 50Day SMA today

Wheels India Ltd.

19 Jul 2023

593.30

0.99%

Wheels India expects growth in export business

Business Line

Wheels India expects more demand for wheels, air suspension systems amid push for bus services

Wheels India Ltd.'s price crossed below 50Day SMA today

Wheels India Ltd.

22 Jun 2023

593.30

0.99%

Prashant Jain has bought into Wheels India. All you need to know about the company

Moneycontrol

Wheels India quoted at the Rs 1,200 level back in June 2018. The stock is currently near Rs 650 and has rallied 50 percent from its March 2023 low of Rs 448

Wheels India Ltd. is trading above its 30 day SMA of 592.6

Wheels India Ltd.

19 May 2023

593.30

0.99%

Wheels India reports Q4 net profit of Rs 24.8 cr, earmarks Rs 200 cr capex

Business Standard

Automobile wheel manufacturer Wheels India Ltd has reported a net profit of Rs 24.8 crore during the quarter ending March 31, 2023, the company said on Friday. During the corresponding quarter of the previous year, it had registered a net profit of Rs 27.9 crore. For the financial year ending March 31, 2023 the company registered net profit of Rs 65.2 crore as against Rs 79.8 crore in the previous year. The board of Wheels India, which met on Thursday, has recommended a final dividend of Rs 3.97 per share. Commenting on the company's financial performance, its MD Srivats Ram said, "We registered significant growth in the air suspension division during FY2023. The CV and Earth Mover Wheel Business also did well in FY23." "Machining of large castings which was commissioned in September 2022 was ramped up towards the end of FY2023," he said. Speaking of the company's outlook, Ram said it has earmarked Rs 200 crore as capital expenditure this year towards ramping up production. The