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Wheels India Ltd.

BSE: 590073 Sector: Auto
NSE: WHEELS ISIN Code: INE715A01015
BSE 00:00 | 16 Apr 885.20 0
(0.00%)
OPEN

852.20

HIGH

919.00

LOW

852.20

NSE 00:00 | 18 Apr 886.65 -11.25
(-1.25%)
OPEN

893.00

HIGH

907.75

LOW

880.10

OPEN 852.20
PREVIOUS CLOSE 885.20
VOLUME 131
52-Week high 1345.00
52-Week low 742.25
P/E 28.25
Mkt Cap.(Rs cr) 2,130
Buy Price 885.20
Buy Qty 100.00
Sell Price 928.00
Sell Qty 5.00
OPEN 852.20
CLOSE 885.20
VOLUME 131
52-Week high 1345.00
52-Week low 742.25
P/E 28.25
Mkt Cap.(Rs cr) 2,130
Buy Price 885.20
Buy Qty 100.00
Sell Price 928.00
Sell Qty 5.00

Wheels India Ltd. (WHEELS) - Company History

Wheels India, promoted by the TVS Group was started in the early 60's to manufacture automobile wheels. Wheels India manufactures wheels in technical and financial collaboration with Dunlop Holdings, UK, (35.91% equity stake). Now, 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. The company supplies 2/3rd of the domestic market requirement and exports 15% of the turnover to North America, Europe, Asia Pacific and South Africa The company has it plant located at Rampur in Uttar Pradesh, at Chennai in Tamil Nadu, at Kancheepuram in Tamilnadu amd at Pune in Maharashtra. The company also has a technical-financial collaboration with Titan Europe The company is a QS 9000 certified. An in house process for manufacturing 3 piece earthmover wheels was developed during 2001-02, which are being supplied to Caterpillar's European plants. During 2003-04, the company commenced supplies of Air Suspension Kits toOEM Customers. During 2004-2005, the company obtained the TS 16949:2002 quality certification. The companies capacity for production of Wheels expanded from 7064000 Nos to 7100000 Nos during 2005-2006