Wheels India set for best day in 11 months as Q4 profit surges

Wheels India

21/05/2024 05:43

** Shares of Wheels India  WHEL.NS  up 14.5% at 675 rupees,
set for best day since June 23, 2023
    ** Wheels and vehicle chassis-maker's Q4 profit climbs 72.4%
YoY
    ** Shares of peer SJS Enterprises  SJSE.NS  up as well on Q4
profit surge
    ** WHEL on track to rise in seventh straight session if
trend holds; stock logs busiest day since Feb. 2
    ** Still, WHEL down ~3% YTD; SJSE up 16%

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))