The stock hit a new high of Rs 2,690, up 11%, surging 30% in past two trading sessions after the company said its board will consider a bonus issue proposal in their meeting on Friday, June 22, 2018.
The stock moved higher by 20% to Rs 2,424 on the NSE, after the company said that its board will meet on Friday, June 22, 2018 to consider a maiden bonus issue proposal.
The stock zoomed 20% to Rs 1,970, also its all-time high on the BSE.
WIL's net profit for the first half year ended September 2017 went up to Rs 38.48 crore from Rs 27.05 crore
Over 50% of Wheels India's revenue comes from wheels for the CVs and passenger cars