 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Varroc Engineering along with its subsidiaries viz. Varroc Polymers and Durovalves India has entered into Power Purchase Agreement with AMP Energy C&I Twenty One, AMP Energy C&I Twenty and AMP Energy C&I Twenty Two (hereinafter referred to as “SPVs”) respectively, for acquisition of 26% stake in the said SPVs for establishing Renewable Power Plants in Maharashtra having combined captive capacity of 33.10 MWp  22.01 MWac, under Captive Power Scheme.

Varroc Group to acquire minority stake in renewable energy entities 

ICICI Direct is bullish on Varroc Engineering recommended buy rating on the stock with a target price of Rs 406 in its research report dated August 10, 2023.

Buy Varroc Engineering; target of Rs 406: ICICI Direct

During the April-June quarter, Varroc Engineering Ltd. announced a reduction in its debt by Rs 50 crore. This reduction in debt has consequently led to a quarter-on-quarter decrease in interest costs

Varroc Engineering jumps 12% on Q1 profit, debt reduction

Varroc Engineer Consolidated March 2023 Net Sales at Rs 1,690.06 crore, up 2.3% Y-o-Y

The Board of  Varroc Engineering will meet on 23 May 2023 to consider raising of Funds by way of Issuance of SecuredUnsecured Redeemable Non-Convertible Debentures on Private Placement basis, in one or more tranches  series. 

Board of  Varroc Engineering to consider fund raising options 

Varroc Engg. will hold a meeting of the Board of Directors of the Company on 7 February 2023.

Varroc Engg. to hold board meeting

EIH was also in strong momentum, rising nearly 12 percent to Rs 201, the highest closing level since April 2, 2019. The stock has seen formation of robust bullish candle, which engulfed both previous red candles, and the Bollinger Band expanded on both the side and the closing was above the upper band of Bollinger Band. The volume was also strong.

Trade Spotlight | What should you do with Container Corporation, Varroc Engineering, EIH on Thursday?

Varroc Engineering Ltd. engages in the manufacture and supply of automotive components. Its products include polymer, electrical-electronics, metallic, and lighting systems. It operates through the Automotive and Others segments. The Automotive segment offers automobile products which comprises of auto parts for two-wheelers, three-wheelers, and four-wheelers. The company was founded on May 11, 1988 and is headquartered in Aurangabad, India.

Watchers	28
52-Wk Low	239.45
52-Wk High	515.20

Market Cap	74.28B
Volume (M)	132,545.00
52-Wk High	515.20
52-Wk Low	239.45

Current Price	486.20
Prev Close	482.00
Open	486.80
Dividend Yield	0.00%
50-Day Moving Average	404.92
Beta	0.07
Avg. Volume	782,053.23
PE Ratio	-10.57

52-Week High	515.20
52-Week Low	239.45
Market Capitalization	74.28B
EPS	-45.99
Price to Book	7.61
Revenue Per Employee	6.76M
Enterprise Value/EBITDA	8.70

VARROC.NSE Varroc Engineering Limited

About

Feed

News

Sentiment

Fundamentals