AUTO ANCILLARY STOCK IN THE NEWS AFTER JV WITH BOSCH FOR ADVANCED ELECTRONIC SYSTEMS

$WHEELS has approved a joint venture agreement with Bosch Limited and Brakes India Private Limited for the development and production of advanced air system solutions for commercial vehicles. The joint venture will focus on products for the CV air system segment and other future technologies. The JV combines Bosch’s expertise in electronics and software with $WHEELS manufacturing and pneumatic system capabilities. This could help commercial vehicle manufacturers improve safety, efficiency, ride comfort, and vehicle performance while supporting the global transition toward smarter and more technologically advanced commercial vehicle platforms. The stock price of $WHEELS has shown a strong mumentum and surged by 90% in the last 3 months. It has reported a strong FY26 numbers, with sales revenue of Rs 5,465 crore, up by 16% as compared to FY25. The net profit for FY26 has touched Rs 158 crore, up by 41% as compared to FY25. Moreover, the company has been maintaining a healthy dividend payout of 23% making it a good opportunity for regular income.