Wheels India (Small Cap) Share Target 2024, 2025 To 2039
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Wheels India Limited |
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Price: ₹710.40 | ||
| 52 Week Low: ₹548.00 52 Week High: ₹914.95 |
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| Market Capital: 1,789.47 Crore (Smallcap) | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Wheels India Share Price Target For 2024
- 1.1.1: Wheels India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Wheels India Share Price Target For 2025
- 1.2.1: Wheels India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Wheels India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Wheels India Brief Company Overview
- 4: Wheels India Financial Performance
- 4.0.1: Is Wheels India A Good Buy For Long Term?
To predict the Wheels India's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Wheels India Share Price Target For 2024
The line chart displays the monthly closing prices of Wheels India with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Wheels India shares in 2024, see the table below.
Wheels India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 736.3 (+3.64%) | Price Action: 18 Dec 2024 High |
| 2024 Target 2 | 728.34 (+2.52%) | Price Action: Sep 2021 Low |
| 2024 Target 1 | 719.5 (+1.28%) | Price Action: 06 Dec 2024 Low |
| Current Price | 710.40 | Wheels India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 701.15 (-1.31%) | Price Action: 06 Nov 2024 Low |
| Stop Loss 2 | 694.0 (-2.31%) | Price Action: 26 Nov 2024 Low |
| Stop Loss 3 | 686.49 (-3.37%) | Price Action: Mar 2015 High |
Short-Term Technical Outlook
Current Technical Position: Wheels India is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹723.82 serves as the nearest technical reference point.
Historical Returns: 3-month: -7.06% | 6-month: -9.64% | 1-year: +3.17%
Wheels India Share Price Target For 2025
The line chart displays the monthly closing prices of Wheels India with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Wheels India shares in 2025, see the table below.
Wheels India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 969.7 (+36.50%) | Price Action: Chart |
| 2025 Target 2 | 951.62 (+33.95%) | Price Action: Chart |
| 2025 Target 1 | 942.2 (+32.62%) | Fibonacci Extension Level 64.90% |
| Current Price | 710.40 | Wheels India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 651.65 (-8.27%) | Price Action: Oct 2023 Low |
| Stop Loss 2 | 644.08 (-9.34%) | Price Action: Oct 2021 Low |
| Stop Loss 3 | 635.96 (-10.48%) | Price Action: Oct 2019 High |
Long-Term Technical Outlook
52-Week Range Analysis: Wheels India is currently trading at 44.3% of its 52-week range (₹548 - ₹914.95).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +3.17% | 3-year: +18.25% | 5-year: +23.95%
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Approach 2: Machine Learning By Studying Historical Prices
Wheels India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹710.40 | ||
| 2024 | ₹735.85 | +3.58% | ₹746.89 |
| 2025 | ₹846.55 | +15.04% | ₹870.10 |
| 2026 | ₹965.28 | +14.03% | ₹979.76 |
| 2027 | ₹1,040.36 | +7.78% | ₹1,055.97 |
| 2028 | ₹1,105.07 | +6.22% | ₹1,121.65 |
| 2029 | ₹1,118.41 | +1.21% | ₹1,179.85 |
| 2030 | ₹1,245.21 | +11.34% | ₹1,283.10 |
| 2031 | ₹1,380.74 | +10.88% | ₹1,401.45 |
| 2032 | ₹1,452.63 | +5.21% | ₹1,474.42 |
| 2033 | ₹1,510.83 | +4.01% | ₹1,533.49 |
| 2034 | ₹1,500.97 | -0.65% | ₹1,592.85 |
| 2035 | ₹1,643.87 | +9.52% | ₹1,696.10 |
| 2036 | ₹1,796.19 | +9.27% | ₹1,823.13 |
| 2037 | ₹1,864.90 | +3.83% | ₹1,892.87 |
| 2038 | ₹1,916.58 | +2.77% | ₹1,945.33 |
| 2039 | ₹1,875.65 | -2.14% | ₹2,005.85 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Wheels India Brief Company Overview
Wheels India Limited: A Leading Automotive and Industrial Components Manufacturer Established in 1960, Wheels India Limited is a renowned manufacturer of automotive and industrial components in India and globally. It caters to diverse industries, including passenger...
vehicles, commercial vehicles, construction, mining, defense, and renewable energy. Key Products and Services: Steel, Cast Aluminum, Forged Aluminum, and Wire Wheels Off-Road Vehicle Components Vehicle Chassis and Suspensions Wind Turbine Components Fabricated and Precision Products for Construction and Mining Hydraulic Cylinders for Energy Equipment Market Presence: Headquartered in Chennai, India, Wheels India has a strong international presence. The company's commitment to excellence and innovation has earned it a reputation for quality and reliability in the industry.Wheels India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,789.47 Crore | Market valuation of Wheels India's shares. |
| Revenue (TTM) | 4,967.62 Crore | Total revenue generated by Wheels India over the past twelve months. |
| Net Income (TTM) | +493,200,000.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +3.20% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +0.99% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+12.40% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-13.50% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
98.42 | Company's total debt divided by total shareholder equity. |
| Total Debt | 787.65 Crore | Sum of Wheels India's current & long-term financial obligations. |
| Total Cash | 21.45 Crore | Total amount of liquid funds available to Wheels India. |
| Beta | 0.48 | Beta is less than 1 indicating that the Wheels India's price is less volatile than the market. |
Is Wheels India A Good Buy For Long Term?
Based on the provided data, Wheels India may be considered as an average buy for long-term investment. While it has shown decent revenue growth and profit margins, its debt levels are a concern. The recent decline in earnings compared to the same quarter last year is also a factor to consider. However, the company's strong returns over the past 3, 5, and 12 months indicate long-term growth potential. Investors may consider diversifying their portfolio with similar companies for a more balanced approach.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
