NIFTY 23907.25 BANK 51135.40

Wheels India Limited
Share Price Target & Analysis

NSE:WHEELS

693.25

VWAP

687.5

Open

683.9

Close

699.95

High

687.05

Low

914.95

52 Week High

695.40 ⇧
11.50 (1.68%)

WHEELS

(AUTOMOBILE)
40.2% Momentum

Turnaround Potential

548

52 Week Low

39.58

EPS

19.9

PE

2.14

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: WHEELS Share Price Financial Analysis & Valuation

Wheels India Limited (WHEELS) is broadly categorized in AUTOMOBILE segment industry which deals in Auto Ancillaries vertical. It is one of Small Cap company with Market Capitalization of Rs 1633.2 (in Cr). Total number of free float shares are 2.4 (in Lacs). Wheels India Limited is listed on NSE with Exchange ID - INE715A01015 and trading code is NSE:WHEELS with short name Wheels.

In the past 1 year, Wheels India Limited has declared an equity dividend of Rs 8.3 per share. At the current share price of WHEELS at Rs 695.40, this results in a dividend yield of 1.19 %.

As per the Fundamental Analysis of NSE:WHEELS, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine WHEELS underlying value and future prospects. All of this data is available in WHEELS financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:WHEELS, it is clearly understood that WHEELS is Standard performer in terms of earnings and profit margins with an EPS of 39.58. NSE:WHEELS book value per share as of today is 325. The current price to book ratio for WHEELS as of Nov 23, 2024 is 2.14.

Valuation of the Stock: The current valuation of WHEELS stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of WHEELS whether to BUY this stock at current valuation. The delivery percentage of WHEELS is 63.14% is very crucial parameter which shows that 63.14% investors are anticipating that the price of WHEELS share should go up with VWAP at 693.25.

Now, the main question is whether to BUY or SELL, NSE:WHEELS at current valuation.
As per latest Analysis No. #685:-

⇑ STRONG BUY WHEELS if All Greens

⇗ BUY WHEELS (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD WHEELS (With Stop Loss) if only 1 Green

⇘ SELL WHEELS if NO Green Indicator

NSE: WHEELS Share Price Today (Nov 23, 2024)

(Wheels India Limited Daily Analysis on the basis of WHEELS Intraday Graph & Trend)

Wheels India Limited share price moved Up by 1.68% from its previous close of Rs 683.9. WHEELS stock last traded price is 695.40. WHEELS share price trend is Up with a total of 10440 stocks traded till now. It has touched an intraday high of Rs 699.95 and an intraday low of Rs 687.05. The WHEELS trading at 695.40, Up by Rs. 11.50, or 1.68 percent which suggests that most of the Traders are anticipating that the price of WHEELS share should go Up.

NSE: WHEELS Share Price Tomorrow Prediction

(Wheels India Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of WHEELS)

Wheels India Limited share price moved Up by 1.68%. WHEELS share price short term trend is Up. It suggests that WHEELS Share Price for Tomorrow remains the same with VWAP at 693.25 will be treated as stop loss for intraday traders. Wheels India Limited Long term investors can follow the WHEELS long term trend as mentiond in future forecast table.

NSE Code

NSE: WHEELS

WHEELS Share Price Today

 695.40

WHEELS Share Price Target Prediction for 2024 ^

 574.5 - 776.6

WHEELS Share Price Target Prediction for 2025*^

 776.6 - 979.5

WHEELS Share Price Target Prediction for 2026*^

 979.5 - 1048.1

WHEELS Share Price Target Prediction for 2027*^

 1101

WHEELS Share Price Target Prediction for 2028*^

 1132

WHEELS Share Price Target Prediction for 2030*^

 1234
WHEELS Current Book Value 2023
323.4

*Wheels India Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^WHEELS share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

WHEELS Technical Analysis

Candlestick Pattern: @679.3

WHEELS Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 691.52 SELL 688.26 SELL
MA_12 698.77 SELL 701.49 SELL
MA_20 713.01 SELL 710.77 SELL
MA_32 727.98 SELL 726.65 SELL
MA_50 747.17 SELL 739.5 SELL
MA_100 782.95 SELL 749.55 SELL
MA_200 712.57 SELL 731.41 SELL

WHEELS Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 713.01 Downtrend
MACD -1.36 SELL
ADX 27.97 Strong Trend
DMI (+/-) 11.87 / 27.13 Downtrend

WHEELS Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 38.22 Neutral
STOCHASTIC_K (Fast) 13.94 Oversold
STOCHASTIC_D (Slow) 10.87 Oversold
CCI -131.96 SELL
PSAR 729.53 SELL
TRUE RANGE 20.25 Neutral
ATR 27 Neutral
WILLIAMS R -87.01 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 27.72 Neutral
STOCHASTIC RSI D 9.24 Oversold
MOMENTUM -102.55 SELL

WHEELS Last 1 Year Trend

Duration Value
1 Year 0.84%
3 Months -14.02%
1 Month -13.12%
1 Week -5.42%

WHEELS Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 17%
SELL 80%

Most popular Questions & Answers about WHEELS


Wheels India Limited stock last traded price is 695.40. WHEELS share price moved Up by 1.68% from its previous close of Rs 683.9.

Wheels India Limited share price trend is Up with a total of 10440 stocks traded till now. It has touched an intraday high of Rs 924.0995 and an intraday low of Rs 687.05. The WHEELS trading at 695.40, Up by Rs. 11.50, or 1.68 percent which suggests that most of the Traders are anticipating that the price of WHEELS share should go Up and the Stop Loss will be around 693.25.

The market cap of Wheels India Limited is ₹1633.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Wheels India Limited as of Nov 22, 2024 is 19.9.

The current price to book ratio for Wheels India Limited as of Nov 22, 2024 is 2.14.

The highest price of Wheels India Limited stock is ₹914.95 in the last 52-week.

The lowest price of Wheels India Limited stock is ₹548 in the last 52-week.

Wheels India Limited share trading at ₹695.40, Up by Rs. 11.50, or 1.68 percent which suggests that most of the traders are anticipating that the price of WHEELS share should go Up.

In 2023, Stock price target for Wheels India Limited (WHEELS) are ₹574.5 on downside and ₹776.6 on upside. Wheels India Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Wheels India Limited (WHEELS) are ₹776.6 on downside and ₹979.5 on upside. Wheels India Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Wheels India Limited (WHEELS) are ₹979.5 on downside and ₹1048.1 on upside. Wheels India Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Wheels India Limited (WHEELS) will be around ₹1132 Wheels India Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of WHEELS.

The price of Wheels India Limited (WHEELS) shares moved by 1.68%. The short-term trend for WHEELS share price is Up. It implies that the share price of WHEELS will stay the same tomorrow and that intraday traders should treat VWAP at 693.25 as a stop loss. Investors with a long-term outlook can track WHEELS long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of WHEELS stock is 474.6. Compared to the current market price of 695.40 INR, the WHEELS stock is Overvalued by 31.8%.

As per the fundamental analysis of Wheels India Limited (WHEELS), it is of Standard quality in terms of earnings and profit margins with an EPS of 39.58. Wheels India Limited book value per share as of today is 325. The current price to book ratio for WHEELS as of Nov 23, 2024 is 2.14.


NSE:WHEELS News & Other Useful Information about WHEELS Share Price


Peer Comparison of NSE: WHEELS

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Auto Ancillaries

Company Price EPS BV
MSUMI 61.84 1.49 3.79
TATAMTRDVR 768.65 199.73 0
BOSCHLTD 34350.00 706.59 4090.1
TIINDIA 3474.40 37.62 205.28
SHIGAN 118.00 0 36.61
EXIDEIND 424.05 12.96 154.56
AMARAJABAT 1417.65 44.23 369.82
SUNCLAYLTD 11622.05 125.07 716.47
JBMA 1418.65 8.05 88.36
SUPRAJIT 450.40 19.04 94.07
Updated at: 22 Nov 2024 15:50

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