Wheels India Surges 4.91% as HDFC Mutual Fund Buys 1.27 Lakh Shares

Chennai, September 24, 2025: Wheels India Limited’s share price is on the rise todaexecutedptember 24, after a bulk deal was executed by the company, where HDFC Mutual Fund purchased 1.27 lakh shares of Wheels India Limited at ₹809 per share. As of 1:07 PM, the shares were up by 4.91%, or 39.70 points, and were trading at ₹848.85. Until now, the shares have traded within a range of ₹911.95 and ₹835.70. The traded volume stands at 11.94 lakh shares, while the current market cap is ₹1,977 crore. The shares also reached their new 52-week high of ₹911.95.

Wheels India Limited is an Indian company that is engaged in the manufacturing of wheels. It provides wheels to numerous vehicle segments such as trucks, buses, commercial vehicles, etc. The company was established in 1960 and is headquartered in Chennai, Tamil Nadu, India. Its NSE ticker symbol is WHEELSIND.

HDFC Mutual Fund Buys 1.27 Lakh Shares

Wheels India executed a bulk deal with HDFC Mutual Fund, where HDFC Mutual Fund purchased 1.27 lakh shares of Wheels India Limited at ₹809 per share. The total value of the deal is ₹10.35 crore, and the transaction was executed today by HDFC Mutual Fund through an open market transaction.

The purchase of shares by HDFC Mutual Fund has sparked investor confidence, resulting in strong investor demand. Since mutual funds invest after deep research, it underscores the company’s potential in the automotive segment.

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