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Wheels India Share Price Target 2024, 2025, 2026 to 2039 With Charts
Wheels India Limited | |||
 | Symbol: WHEELS | ||
| Price: ₹825.75 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Wheels India Brief Company Overview
- 1.1: Wheels India Limited: A Leading Automotive and Industrial Components Manufacturer
- 1.1.1: Key Products and Services:
- 1.1.2: Market Presence:
- 1.2: Wheels India Financial Performance
- 1.2.1: Is Wheels India A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Wheels India Share Price Target For 2024
- 2.1.1: Wheels India Share Price Target Table For 2024
- 2.1.2: Summary: Wheels India Share Price Prediction For 2024
- 2.2: Wheels India Share Price Target For 2025
- 2.2.1: Wheels India Share Price Target Table For 2025
- 2.2.2: Summary: Wheels India Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Wheels India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Wheels India Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Wheels India Past Performance
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.
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Wheels India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,440.08 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) | +49.32 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 3.2% | 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) | +12.4% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -13.5% | 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.
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.
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Wheels India Share Price Target Table For 2024
| Wheels India's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 913.50 (+10.62%) | Fibonacci Extension Level 123.6% |
| 2024 Target 2 | 894.30 (+8.3%) | Custom Fibonacci Extension Lvl 23.6% |
| 2024 Target 1 | 872.80 (+5.69%) | Price Action: Feb 2019 High |
| Current Price | 825.75 | Wheels India's 1 share price as of Mon 01 Jul 2024 |
| Stop Loss 1 | 805.79 (-2.42%) | Price Action: Jun 2024 High |
| Stop Loss 2 | 795.65 (-3.65%) | Price Action: 24 Jun 2024 Low |
| Stop Loss 3 | 787.25 (-4.67%) | Price Action: Aug 2023 High |
Summary: Wheels India Share Price Prediction For 2024
In summary, Wheels India has surged by ₹131.45, achieving a notable +18.93% increase from 1st January 2024 to 01 Jul 2024. Our analysis of Wheels India for 2024 predicts an additional rise of 5.69% to 10.62% by the end of 2024 with three potential targets T1: 872.80, T2: 894.30, T3: 913.50. Stop Loss at SL1: 805.79, SL2: 795.65, SL3: 787.25.
Wheels India has a 52-week high of ₹863.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹548.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Wheels India.
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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.
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Wheels India Share Price Target Table For 2025
| Wheels India's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1132.19 (+37.11%) | Price Action: Chart |
| 2025 Target 2 | 1111.08 (+34.55%) | Price Action: Chart |
| 2025 Target 1 | 1100.08 (+33.22%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 825.75 | Wheels India's 1 share price as of Mon 01 Jul 2024 |
| Stop Loss 1 | 761.15 (-7.83%) | Price Action: Aug 2021 Low |
| Stop Loss 2 | 752.40 (-8.89%) | Price Action: 27 May 2024 High |
| Stop Loss 3 | 743.95 (-9.91%) | Price Action: Feb 2022 High |
Summary: Wheels India Share Price Prediction For 2025
In summary, Wheels India has surged by ₹131.45, achieving a notable +18.93% increase from 1st January 2024 to 01 Jul 2024. Our analysis of Wheels India for 2025 predicts an additional rise of 33.22% to 37.11% by the end of 2025 with three potential targets T1: 1100.08, T2: 1111.08, T3: 1132.19. Stop Loss at SL1: 761.15, SL2: 752.40, SL3: 743.95.
Wheels India has a All-Time high of ₹1347.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹548.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Wheels India, we have created a specific page for that check here: Wheels India Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Wheels India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Wheels India share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 4.63% over the next 15 years.
For complete year by year Wheels India long term share price target from 2024, 2025 to 2039 check the below table.
Wheels India Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Wheels India Target | YoY Change % |
|---|---|---|
| 2024 | ₹825.75 | [Current Price] |
| 2024 | ₹664.98 | -19.47% |
| 2025 | ₹744.6 | 11.97% |
| 2026 | ₹775.54 | 4.15% |
| 2027 | ₹833.91 | 7.52% |
| 2028 | ₹859.21 | 3.03% |
| 2029 | ₹846.37 | -1.5% |
| 2030 | ₹937.2 | 10.73% |
| 2031 | ₹966.28 | 3.1% |
| 2032 | ₹1,029.38 | 6.53% |
| 2033 | ₹1,051.58 | 2.15% |
| 2034 | ₹1,027.76 | -2.27% |
| 2035 | ₹1,129.8 | 9.92% |
| 2036 | ₹1,157.01 | 2.4% |
| 2037 | ₹1,224.85 | 5.86% |
| 2038 | ₹1,243.98 | 1.56% |
| 2039 | ₹1,252.38 | 0.67% |
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Wheels India Past Performance
- In 1995, Wheels India opening price was ₹87.46
- As of Mon 01 Jul 2024 the price stands at ₹825.75.
- This represents a Compound Annual Growth Rate (CAGR) of 7.77%.
- In 29 years, an investment of 10,000 would have become ₹94,414.58.
As we wrap up, we hope you like our study on Wheels India share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Wheels India Share Price History
- Wheels India Price Target Tomorrow
- Wheels India Dividend History
- Wheels India Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
