Shares Of Wheels India Gained Around 10 Percent In The Morning Trade On Wednesday

Shares of Wheels India gained around 10 percent in the morning trade on Wednesday as investors cheered the news of bonus issue in the offing.

The company, in a filing to the exchanges, said that a Board meeting is scheduled for Friday, June 22, 2018.

“We hereby give prior intimation that the Board of Directors of the firm may consider bonus shares in the aforesaid meeting,” the company said in the statement which was filed with the bourses.

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