Wheels India Ltd. (WHEELS) Share Price Near 52-Week High After 2.51% Rise
- October 16, 2026
- Posted by: Chaitanya Auti
- Category: News
Wheels India Share Price is trading at Rs 2,457.95, up 2.51% from the previous close, and it remains near its 52-week high with a market capitalisation of Rs 6,467.38 crore. As of 16 October 2026 at 12:22 PM IST, the move keeps Wheels India Ltd. (WHEELS) in focus in Wheels India Share Price Today, Wheels India Stock News and Wheels India Share News searches. The latest Univest data confirms the price event but does not establish a company-specific catalyst.
For readers tracking Wheels India Share Price Live, the stock opened at Rs 2,445.65, touched a day high of Rs 2,457.95 and a day low of Rs 2,382.30. The difference versus the previous close of Rs 2,397.70 is Rs 60.25. That makes the current Wheels India Share Price relevant for anyone scanning 52 Week High stocks, Stocks in News and the wider Indian Stock Market today.
Wheels India Share Price Today: Price Action Analysis
In the broader Wheels India Stock News flow, the near yearly high matters because the price is now being compared with the stock’s own recent range rather than with outside commentary. This is a clean price event, and the verified figures are enough to explain why the name is appearing in stock updates without adding any unsupported company-specific reason.
| Metric | Value |
|---|---|
| Current Price | Rs 2,457.95 |
| Previous Close | Rs 2,397.7 |
| Today's Move | +Rs 60.25 (+2.51%) |
| Open | Rs 2,445.65 |
| High | Rs 2,457.95 |
| Low | Rs 2,382.3 |
| Market Capitalisation | Rs 6,467.38 crore |
Wheels India Ltd. (WHEELS) traded at Rs 2,457.95 versus the previous close of Rs 2,397.7, a rise of 2.51%. The stock opened at Rs 2,445.65, reached a high of Rs 2,457.95 and touched a low of Rs 2,382.3.
Wheels India Share Price Today shows a move from Rs 2,397.70 to Rs 2,457.95, with the stock trading between Rs 2,382.30 and Rs 2,457.95 during the day. The opening print at Rs 2,445.65 sat close to the day high, and the current level is also near the stock’s 52-week high, which keeps Wheels India Share Price in focus for market observers following Price Action and Market Movers.
What exactly happened today is straightforward: the stock added Rs 60.25, or 2.51%, versus the previous close while staying near its yearly high. That is the main factual reason Wheels India Share Price Today is drawing attention in Wheels India Stock News and Wheels India Latest News searches. No company-specific catalyst can be confirmed from the price data alone.
For readers using Wheels India Share Price Update screens, the important point is that the move was made inside a relatively tight intraday band after opening above the previous close. The latest Univest data confirms the event and places Wheels India Share Price in the 52 Week High Stocks watchlist for the day.
Wheels India Ltd. (WHEELS) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 6,467.38 crore |
| P/E Ratio | 39.4x |
| P/B Ratio | 4.27x |
| ROE | 16.1% |
| ROCE | 19.47% |
| EPS | Rs 60.85 |
| Book Value Per Share | Rs 561.29 |
| Dividend Yield | 0.6% |
Wheels India Ltd. (WHEELS) fundamental metrics show P/E 39.4x, P/B 4.27x, ROE 16.1%, ROCE 19.47%. These figures provide context only and are not a buy or sell signal.
Wheels India Ltd. has a market capitalisation of Rs 6,467.38 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 39.4x, P/B at 4.27x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 16.1% and ROCE of 19.47%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 60.85, book value per share of Rs 561.29, dividend yield of 0.6%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 23.23x, median ROE of 12.28%, median ROCE of 14.75%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Auto Ancillary |
| Benchmark Scope | same industry |
| Company P/E Ratio | 39.4x |
| Benchmark Median P/E | 23.23x |
| Benchmark Average P/E | 58.67x |
| Benchmark P/E Range | 0x to 2,657.16x |
| Company P/B Ratio | 4.27x |
| Benchmark Median P/B | 2.81x |
| Company ROE | 16.1% |
| Benchmark Median ROE | 12.28% |
| Company ROCE | 19.47% |
| Benchmark Median ROCE | 14.75% |
| Company Market Capitalisation | Rs 6,467.38 crore |
| Benchmark Median Market Cap | Rs 867.71 crore |
Wheels India Ltd. (WHEELS) is classified under sector: Automobile & Ancillaries and industry: Auto Ancillary.
Wheels India Ltd. (WHEELS) has a P/E ratio of 39.4x, which is above the benchmark median of 23.23x, a difference of +69.61%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Wheels India Ltd. (WHEELS) has a ROE of 16.1%, which is above the benchmark median of 12.28%, a difference of +31.11%. Wheels India Ltd. (WHEELS) has a ROCE of 19.47%, which is above the benchmark median of 14.75%, a difference of +32%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| SJS Enterprises Ltd. | SJS | 6,490.86 | 30.63 | 6.98 | 22.75 | 29.89 |
| Steel Strips Wheels Ltd. | SSWL | 6,392.83 | 29.59 | 3.54 | 11.75 | 15.38 |
| Suprajit Engineering Ltd. | SUPRAJIT | 6,215.13 | 33.9 | 4.28 | 13.52 | 17.01 |
| Jamna Auto Industries Ltd. | JAMNAAUTO | 5,981.78 | 24.44 | 4.79 | 21.68 | 29.41 |
| Hero Motors Ltd. | HEROMOTORS | 7,228.84 | 159.41 | 6.69 | 10.77 | 12.07 |
Wheels India Ltd. (WHEELS) has a P/E ratio of 39.4x compared with the displayed peer median of 30.63x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 16.1% compares with a peer median of 13.52% across the companies shown in the table. ROCE stood at 19.47% versus the displayed peer median of 17.01%, providing a capital-efficiency comparison. Wheels India Ltd. (WHEELS) has a market capitalisation of Rs 6,467.38 crore. Among the 5 peers shown, 2 have a larger market capitalisation.
Why Investors Are Watching Wheels India
- Wheels India Share Price is Rs 2,457.95, up 2.51% from the previous close of Rs 2,397.70.
- The stock is trading near its 52-week high, which keeps Wheels India Share Price Today in focus.
- Market capitalisation stands at Rs 6,467.38 crore, placing Wheels India Share Price within a clearly defined market value band.
- P/E of 39.4 and P/B of 4.27 place Wheels India Share Price above the same-industry median on valuation metrics.
- ROE of 16.1% and ROCE of 19.47% are above the same-industry medians, supporting Wheels India Fundamental Analysis.
About Wheels India
Wheels India Ltd. operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. For readers tracking Wheels India Company News and Wheels India Stock News, the core classification matters because it places the company inside a large peer set and a clearly defined industry benchmark. Wheels India Share Price is therefore best read in the context of its sector, its industry and its published financial ratios.
The company profile here is intentionally limited to the verified sector and industry classification. That keeps Wheels India Share Price, Wheels India Stock Performance and Wheels India Fundamental Analysis tied to factual information rather than broad assumptions.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.
Frequently Asked Questions
Why is Wheels India Share Price in focus today?
Ans. Wheels India Share Price is in focus because it is trading at Rs 2,457.95, up 2.51% from the previous close, and it remains near its 52-week high as of 16 October 2026.
What is Wheels India Share Price Today?
Ans. Wheels India Share Price Today is Rs 2,457.95. The stock moved between Rs 2,382.30 and Rs 2,457.95 during the day and is being tracked closely in Wheels India Stock News.
How much did Wheels India Share Price move today?
Ans. Wheels India Share Price rose by Rs 60.25, or 2.51%, versus the previous close of Rs 2,397.70. That move keeps it near its yearly high and relevant for stock watchers.
Is Wheels India Share Price near its 52-week high?
Ans. Yes, Wheels India Share Price is near its 52-week high. The stock reached Rs 2,457.95 today, which is close to the upper end of its recent price range and keeps it in focus.
What is Wheels India market capitalisation?
Ans. Wheels India has a market capitalisation of Rs 6,467.38 crore. That figure helps place Wheels India Share Price within the Automobile & Ancillaries sector and the Auto Ancillary industry benchmark.
What valuation metrics matter for Wheels India Share Price?
Ans. Wheels India Share Price is linked to a P/E of 39.4 and a P/B of 4.27. Both sit above the same-industry median, while ROE and ROCE also compare favourably with the industry median.
What do EPS and book value show for Wheels India?
Ans. Wheels India reports EPS of Rs 60.85 and book value of Rs 561.29. These numbers help readers assess earnings per share and accounting net worth when reviewing Wheels India Fundamental Analysis.
How does Wheels India compare with peers?
Ans. Wheels India Share Price compares with peers such as SJS Enterprises, Steel Strips Wheels and Jamna Auto Industries. Its valuation and return metrics sit between stronger and weaker peer readings across the group.
Track Wheels India Share Price on Univest
Use Wheels India Ltd. (WHEELS) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Track Wheels India Share Price on Univest for live price updates, stock news, fundamental ratios, valuation context, and market insights. The platform also helps readers monitor Wheels India Share Price Today, sector comparisons, and 52-week levels in one place. Univest keeps the data-led view simple for ongoing stock analysis.