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Wheels India is currently trading at Rs. 843.00, up by 4.10 points or 0.49% from its previous closing of Rs. 838.90 on the BSE. The scrip opened at Rs. 842.80 and has touched a high and low of Rs. 843.00 and Rs. 842.80 respectively. So far 2595 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 914.55 on 08-Jul-2024 and a 52 week low of Rs. 548.50 on 13-May-2024. Last one week high and low of the scrip stood at Rs...
Wheels India inches up on getting nod to acquire upto 45.06% stake in O2 Renewable Energy
Automobile wheel maker Wheels India Ltd said on Monday that it closed FY24 with a higher net profit of Rs 67.9 crore. According to Wheels India, the company closed FY24 with a revenue of Rs 4,619 crore (FY23 - Rs 4,345 crore) and a net profit of Rs 67.9 crore (FY23 - Rs 62.5 crore). The company's Board has recommended a dividend of Rs 7.39 per share. “Exports did well for us in FY24, registering a 24.5 per cent growth. Earthmover wheels, aluminium wheels, and hydrauli...
Wheels India logs Rs 67.9 cr PAT, dividend Rs 7.39 per share
Closing the second quarter of FY24 with a 64 per cent fall in its net profit, automotive wheels major Wheels India Ltd has scaled down its capex for the year, said a top company official. The company Board on Wednesday approved incorporation of wholly-owned subsidiaries in the USA and Germany to focus on exports of off-road vehicle and tractor wheels. Wheels India has registered a net profit of Rs 5.24 crore for the quarter ended September 30 as compared to Rs 14.53 crore in the corresp...
Wheels India Q2 net skids, scales down capex
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