Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The amalgamation will help in achieving consolidation, greater integration and flexibility that will maximise shareholders’ value

Wheels India to merge Sundaram Hydraulics with itself

Board of Wheels India approves scheme of amalgamation

Wheels India net more than doubles to ₹21 cr.

Sees demand growth across segments in domestic market

Wheels India plans fresh capex of ₹37 cr on export boom

Revenue for Q2 went up 78% to Rs 911 crore from Rs 511 crore during the July-to-September period of 2020-21

Auto parts maker Wheels India Q2 net nearly triples to Rs 21 cr on growth

Wheels India consolidated net profit rises 200.88% in the September 2021 quarter

Wheels India rose 2.96% to Rs 706.70 after the company said it has sold its non-core, small sized fabrication plant located at Deoli in Maharashtra for Rs 12 crore.

Wheels India jumps on selling Deoli plant for Rs 12 cr

India is emerging as answer for green-minded money managers wanting to make big-ticket investments, writes Nathaniel Bullard.

Private Equity Electrifies India On Four Wheels

Wheels India has commenced production at its new manufacturing facility set up near Chennai and was seeing a strong demand for forged aluminium wheels overseas markets, a top company official has said.According to Wheels India chairman S Ram, the Chennai- based manufacturer of steel wheels…

Wheels India expects positive trend in exports to continue; domestic biz to recover in second half: Chairman

Domestic business should recover in second half of the year. says Chairman S Ram

Wheels India expects export momentum to remain strong this fiscal

S Ram expected the agri tractor market to continue the growth momentum this year “We see an opportunity for Wheels India to grow in its export of tractor wheels this year.”

Positive exports trend set to continue, domestic business should recover in the second half: Wheels India Chairman

Wheels India Limited manufactures steel wheel for cars, utility vehicles, commercial vehicles and also manufactures air suspension kits for trucks and buses.

Wheels India Ltd

Wheels India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Wheels India to merge Sundaram Hydraulics with itself

Board of Wheels India approves scheme of amalgamation

Wheels India net more than doubles to ₹21 cr.

Wheels India plans fresh capex of ₹37 cr on export boom

Auto parts maker Wheels India Q2 net nearly triples to Rs 21 cr on growth

Wheels India consolidated net profit rises 200.88% in the September 2021 quarter

Wheels India jumps on selling Deoli plant for Rs 12 cr

Wheels India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Wheels India to merge Sundaram Hydraulics with itself

Board of Wheels India approves scheme of amalgamation

Wheels India net more than doubles to ₹21 cr.

Wheels India plans fresh capex of ₹37 cr on export boom

Auto parts maker Wheels India Q2 net nearly triples to Rs 21 cr on growth

Wheels India consolidated net profit rises 200.88% in the September 2021 quarter

Wheels India jumps on selling Deoli plant for Rs 12 cr

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock