Srivats Ram says that Indian companies have benefitted a lot from the China-plus-one opportunity. The de-risking momentum, he says, is just starting to pick up steam and there is more excitement ahead
Expects to maintain export momentum in the second half; increase the renewable energy in its basket to about 75 percent by 2026 from 26 percent now, said Managing Director Srivats Ram.
Wheels India quoted at the Rs 1,200 level back in June 2018. The stock is currently near Rs 650 and has rallied 50 percent from its March 2023 low of Rs 448
For the financial year ending March 31, 2023 the company registered net profit of Rs 65.2 crore as against Rs 79.8 crore in the previous year.