Introduction
Leading auto component manufacturer has entered a technical agreement with South Korea’s SHPAC for hydraulic cylinders. The deal focuses on technology transfer, supporting growth after reporting Rs. 26.44 crore profit on Rs. 1187 crore revenue.
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Share price movement of Wheels India
On September 29, 2025, Wheels India Ltd opened at ₹878.05, up 1.68% from its previous close of ₹863.55. The stock touched a high of ₹918.00 (6.30%) and a low of ₹878.05. By 10:39 AM, it traded at ₹911.70, a 5.58% increase, with a market cap of ₹2,227.56 crore.
Wheels India Signs Pact for Hydraulic Growth
Wheels India has signed a technical agreement with SHPAC, a South Korean hydraulic cylinder manufacturer. The pact involves technology transfer in manufacturing. Hydraulic cylinders are identified as a key growth area for the company.
For Q1 ended June 30, 2025, Wheels India reported net profit of Rs. 26.44 crores on revenues of Rs. 1187 crores. Export revenues crossed Rs. 300 crores. Last year, net profit exceeded Rs. 100 crores.
Stock performance of Wheels India for Period of 1 week, 6 months, and 1 year
Wheels India Ltd delivered an 8.25% return over the past week. The stock gained 39.7% in the past six months and rose 11.7% over the past year.
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Shareholding pattern of Wheels India
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 58.30% | 58.30% | 58.30% |
| FII | 0.60% | 0.40% | 0.30% |
| DII | 11.70% | 11.70% | 11.70% |
| Public | 29.50% | 29.60% | 29.70% |
About Wheels India
Wheels India Ltd (NSE: WHEELS) is a leading manufacturer of wheels for trucks, tractors, passenger vehicles, and construction equipment. It also produces air suspension systems and industrial components, with plants across four Indian states.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Wheels India share price going up today?
A: Wheels India share price is rising due to a technical agreement with South Korea’s SHPAC for hydraulic cylinders.
Q: What does Wheels India Ltd specialize in?
A: Wheels India Ltd specializes in manufacturing wheels, air suspension systems, and industrial components for trucks, tractors, and construction equipment.
Q: What is the market capitalization of Wheels India Ltd?
A: The market capitalization of Wheels India Ltd is ₹2,227.56 crore, reflecting its current share price and total outstanding shares.


