VARROC

Varroc Engineering Share PriceVarroc Engineering

₹307.25
-0.4 (-0.13%)
As on 04 June, 2023 | 16:50 BSE: 541578 NSE: VARROC

Varroc Engineering Performance

Day Range

  • Low
  • High
307.25

52 Week Range

  • Low
  • High
307.25
  • Open Price
  • Previous Close
  • Volume

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Varroc Engineering Share Price

  • Over 1 Month 6.68%
  • Over 3 Month 23.74%
  • Over 6 Month 4.9%
  • Over 1 Year -10.03%

Varroc Engineering Key Statistics

P/E Ratio -5.7
PEG Ratio -0.2
Market Cap Cr 4,694
Price to Book Ratio 4.7
EPS -4.1
Dividend 0
Relative Strength Index 62.5
Money Flow Index 67.36
MACD Signal 7.32
Average True Range 9.83

Varroc Engineering Investment Rating

  • Master Rating:
  • Varroc Engineering has an operating revenue of Rs. 6,863.07 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 1% needs improvement, ROE of -83% is poor and needs improvement. The company has a reasonable debt to equity of 43%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 9% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 71 which is a FAIR score but needs to improve its earnings, a RS Rating of 49 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 57 indicates it belongs to a fair industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Varroc Engineering Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9369741,089919881
Operating Expenses Qtr Cr 8718971,018865817
Operating Profit Qtr Cr 6577715464
Depreciation Qtr Cr 5749444543
Interest Qtr Cr 4847413432
Tax Qtr Cr -7-1232-35
Net Profit Qtr Cr -280-1,353-60

Varroc Engineering Technicals

EMA & SMA

Current Price
₹307.25
-0.4 (-0.13%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹298.66
  • 50 Day
  • ₹287.45
  • 100 Day
  • ₹285.16
  • 200 Day
  • ₹295.16
  • 20 Day
  • ₹299.48
  • 50 Day
  • ₹280.09
  • 100 Day
  • ₹276.58
  • 200 Day
  • ₹298.1

Varroc Engineering Resistance and Support

PIVOT
₹309.4
Resistance
First Resistance ₹311.8
Second Resistance ₹315.95
Third Resistance ₹318.36
RSI 62.5
MFI 67.36
MACD Single Line 7.32
MACD 7.03
Support
First Resistance ₹305.25
Second Resistance ₹302.86
Third Resistance ₹298.7

Varroc Engineering Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 132,246 6,562,047 49.62
Week 148,922 7,469,938 50.16
1 Month 255,159 9,471,484 37.12
6 Month 193,054 8,973,139 46.48

Varroc Engineering Result Highlights

Varroc Engineering Synopsis

NSE-Auto/Truck-Original Eqp

Varroc Engineering belongs to the Industry of Auto Ancl - Equipment Lamp. Company’s Total Operating Revenue is Rs. 3917.89 Cr. and Equity Capital is Rs. 15.28 Cr. for the Year ended 31/03/2023. Varroc Engineering Ltd. is a Public Limited Listed company incorporated on 11/05/1988 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28920MH1988PLC047335 and registration number is 047335.
Market Cap 4,694
Sales 3,918
Shares in Float 3.82
No of funds 75
Yield
Book Value 8.47
U/D Vol ratio 2
LTDebt / Equity 27
Alpha -0.06
Beta 1.04

Varroc Engineering

Owner NameMar-23Dec-22Sep-22Jun-22
Promoters 75%75%75%75%
Mutual Funds 9.69%9.53%9.88%9.94%
Insurance Companies 1.58%1.97%3.82%4.62%
Foreign Portfolio Investors 5.04%4.67%3.51%3.28%
Individual Investors 6.25%6.25%5.34%5.4%
Others 2.44%2.58%2.45%1.76%

Varroc Engineering Management

Name Designation
Mr. Tarang Jain Chairman & Managing Director
Mr. Rohit Prakash Whole Time Director
Mr. Arjun Jain Whole Time Director
Mr. Gautam P Khandelwal Independent Director
Mr. Marc Szulewicz Independent Director
Mrs. Vijaya Sampath Independent Director
Mr. Vinish Kathuria Independent Director
Mr. Dhruv Jain Director

Varroc Engineering Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Varroc Engineering Corporate Action

Date Purpose Remarks
2023-05-23 Audited Results & A.G.M.
2023-02-07 Quarterly Results
2022-11-14 Quarterly Results
2022-08-12 Quarterly Results
2022-05-30 Audited Results

Varroc Engineering MF Shareholding

Name Amount(cr)
HDFC Flexi Cap Fund Growth 33222
Nippon India Multi Cap Fund - Growth 15088
HDFC Multi Cap Fund Regular Growth 6232
Nippon India Focused Equity Fund - Growth 6112
HSBC ELSS Fund Growth 3054

Varroc Engineering FAQs

What is Share Price of Varroc Engineering ?

Varroc Engineering share price is ₹307 As on 04 June, 2023 | 16:37

What is the Market Cap of Varroc Engineering ?

The Market Cap of Varroc Engineering is ₹4694.4 Cr As on 04 June, 2023 | 16:37

What is the P/E ratio of Varroc Engineering ?

The P/E ratio of Varroc Engineering is -5.7 As on 04 June, 2023 | 16:37

What is the PB ratio of Varroc Engineering ?

The PB ratio of Varroc Engineering is 4.7 As on 04 June, 2023 | 16:37

Q2FY23

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