Mumbai, Feb. 27 -- The stock has declined 2.72% in three sessions, from its recent closing high of Rs 609.05 recorded on 21 February 2025.

In the last six months, the stock has corrected by 30.30% while the benchmark S&P BSE Sensex and the S&P BSE 500 index have corrected by 8.69% and 14.23%, respectively.

In a regulatory filing made during market hours today, Wheels India informed that the credit rating agency ICRA has affirmed the company's long-term rating at '[ICRA] A' with 'stable' outlook.

The agency has also affirmed the company's short-term rating at '[ICRA] A2+'.

ICRA stated that the rating outstanding on the fixed deposits and bank facilities of Wheels India (WIL) considers the expected improvement in its overall credit prof...