Wheels India

Market Cap: Small Cap
Industry: Auto Ancillary
ISIN: INE715A01015
NSEID: WHEELS
BSEID: 590073

INR

627.05

8.95 (1.45%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 6.98 k

{
  "main_header": {
    "sid": 563917,
    "name": "Wheels India",
    "stock_name": "Wheels India",
    "full_name": "Wheels India Ltd.",
    "name_url": "stocks-analysis/wheels-india",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "627.05",
    "chg": 8.95,
    "chgp": "1.45%",
    "dir": 1,
    "prev_price": "618.10",
    "mcapval": "1,532.07 Cr",
    "mcap": "Small Cap",
    "scripcode": 590073,
    "symbol": "WHEELS",
    "ind_name": "Auto Ancillary",
    "ind_code": 13,
    "isin": "INE715A01015",
    "curr_date": "Apr 11, 12:53 PM",
    "curr_time": "01:07 AM",
    "bse_nse_vol": "6.98 k",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/wheels-india-563917-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
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  },
  "news": {
    "results": [
      {
        "title": "Wheels India Adjusts Valuation Amid Mixed Financial Indicators and Challenges",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/wheels-india-stock-upgrades-to-sell-amid-valuation-shift-and-profit-surge-1671547",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/4/WheelsIndia_mojoScore_862147.png",
        "date": "2025-04-02 08:18:52",
        "description": "Wheels India has experienced a recent adjustment in its valuation grade, reflecting its financial metrics, including a PE ratio of 13.10 and a Price-to-Book value of 1.68. The company shows a ROCE of 14.51% and a ROE of 11.12%, while facing challenges with a Debt to EBITDA ratio of 3.72 times."
      },
      {
        "title": "Wheels India Experiences Valuation Grade Change Amid Strong Financial Metrics and Competitive Positioning",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/wheels-india-sees-valuation-grade-upgrade-from-attractive-to-very-attractive-1669828",
        "imagepath": "",
        "date": "2025-04-02 08:01:15",
        "description": "Wheels India, a small-cap player in the auto ancillary sector, has recently undergone a valuation adjustment, reflecting a more favorable assessment of its financial metrics. The company's price-to-earnings ratio stands at 13.10, while its price-to-book value is recorded at 1.68. Additionally, Wheels India showcases strong operational efficiency with an EV to EBITDA ratio of 6.35 and an EV to EBIT ratio of 8.62.\n\nThe company also demonstrates solid returns, with a return on capital employed (ROCE) of 14.51% and a return on equity (ROE) of 11.12%. Its dividend yield is noted at 1.97%, indicating a commitment to returning value to shareholders.\n\nIn comparison to its peers, Wheels India maintains a competitive edge with a lower price-to-earnings ratio than Banco Products and Sharda Motor, both of which are categorized as attractive. Furthermore, its EV to EBITDA ratio is significantly more favorable than that ..."
      },
      {
        "title": "Wheels India Faces Continued Pressure Amid Significant Stock Volatility and Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/wheels-india-ltd-hits-new-52-week-low-at-rs-548-amid-ongoing-decline-1176441",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/WheelsIndia_priceRelatedfactors_563133.png",
        "date": "2025-03-03 14:20:44",
        "description": "Wheels India, an auto ancillary small-cap, has hit a new 52-week low amid ongoing volatility, underperforming its sector. The stock has dropped 12.15% over the past year, contrasting with the Sensex's minor decline. Current trading metrics indicate a bearish trend, with the stock below key moving averages."
      },
      {
        "title": "Wheels India Reports Q3 FY24-25 Results Highlighting Profit Growth and Sales Challenges",
        "link": "https://www.marketsmojo.com/news/result-analysis/wheels-india-reports-q3-fy24-25-pat-of-rs-49-48-crore-sales-decline-6-7-337130",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/1/WheelsIndia_quaterlyResult_253418.png",
        "date": "2025-01-27 15:17:37",
        "description": "Wheels India has reported its third-quarter financial results for FY24-25, showing a significant year-on-year growth in Profit After Tax at Rs 49.48 crore. The company has also reduced its Debt-Equity Ratio to 0.86 times, indicating improved financial stability, despite facing challenges with declining net sales."
      }
    ],
    "total": 28,
    "sid": "563917",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/wheels-india-563917"
  },
  "announcements": [
    {
      "caption": "Closure of Trading Window",
      "datetime": "28-Mar-2025",
      "details": "Wheels India Ltd has informed BSE regarding Closure of Trading Window.",
      "source": "BSE"
    },
    {
      "caption": "Intimation of Credit Rating(s)",
      "datetime": "27-Feb-2025",
      "details": "Wheels India Ltd has informed BSE regarding Intimation of Credit Rating(s).",
      "source": "BSE"
    },
    {
      "caption": "Intimation of Credit Rating(s)",
      "datetime": "21-Feb-2025",
      "details": "Wheels India Ltd has informed BSE regarding Intimation of credit rating(s).",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Wheels India Ltd. has declared <strong>45%</strong> dividend, ex-date: 03 Feb 25",
          "dt": "2025-02-03",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Wheels India Ltd. has announced <strong>1:1</strong> bonus issue, ex-date: 08 Aug 18",
          "dt": "2018-08-08",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "",
      "data": [
        {
          "txt": "Wheels India Ltd. has announced <strong>51:20</strong> rights issue, ex-date: 13 Feb 14",
          "dt": "2014-02-13",
          "middle_text": "Rights Issue"
        }
      ]
    }
  ]
}

News and Views

Wheels India Adjusts Valuation Amid Mixed Financial Indicators and Challenges

2025-04-02 08:18:52

Wheels India has experienced a recent adjustment in its valuation grade, reflecting its financial metrics, including a PE ratio of 13.10 and a Price-to-Book value of 1.68. The company shows a ROCE of 14.51% and a ROE of 11.12%, while facing challenges with a Debt to EBITDA ratio of 3.72 times.

Wheels India Experiences Valuation Grade Change Amid Strong Financial Metrics and Competitive Positioning

2025-04-02 08:01:15

Wheels India, a small-cap player in the auto ancillary sector, has recently undergone a valuation adjustment, reflecting a more favorable assessment of its financial metrics. The company's price-to-earnings ratio stands at 13.10, while its price-to-book value is recorded at 1.68. Additionally, Wheels India showcases strong operational efficiency with an EV to EBITDA ratio of 6.35 and an EV to EBIT ratio of 8.62. The company also demonstrates solid returns, with a return on capital employed (ROCE) of 14.51% and a return on equity (ROE) of 11.12%. Its dividend yield is noted at 1.97%, indicating a commitment to returning value to shareholders. In comparison to its peers, Wheels India maintains a competitive edge with a lower price-to-earnings ratio than Banco Products and Sharda Motor, both of which are categorized as attractive. Furthermore, its EV to EBITDA ratio is significantly more favorable than that ...

Wheels India Faces Continued Pressure Amid Significant Stock Volatility and Underperformance

2025-03-03 14:20:44

Wheels India, an auto ancillary small-cap, has hit a new 52-week low amid ongoing volatility, underperforming its sector. The stock has dropped 12.15% over the past year, contrasting with the Sensex's minor decline. Current trading metrics indicate a bearish trend, with the stock below key moving averages.

Wheels India Reports Q3 FY24-25 Results Highlighting Profit Growth and Sales Challenges

2025-01-27 15:17:37

Wheels India has reported its third-quarter financial results for FY24-25, showing a significant year-on-year growth in Profit After Tax at Rs 49.48 crore. The company has also reduced its Debt-Equity Ratio to 0.86 times, indicating improved financial stability, despite facing challenges with declining net sales.