Veritas (India)
Veritas (India) Performance
Day Range
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52 Week Range
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Start SIP in Veritas (India)
Start SIPVeritas (India) Investment Rating
-
Master Rating:
-
Veritas India has an operating revenue of Rs. 2,016.15 Cr. on a trailing 12-month basis. An annual revenue growth of 13% is good, Pre-tax margin of 5% is okay, ROE of 4% is fair but needs improvement. The company has a reasonable debt to equity of 6%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 75 which is a FAIR score but needs to improve its earnings, a RS Rating of 66 which is FAIR indicating the recent price performance, Buyer Demand at D+ which indicates heavy supply, Group Rank of 18 indicates it belongs to a strong industry group of Elec-Misc Products and a Master Score of C is fair but needs to improve. 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
| Indicator | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|
| Oper Rev Qtr Cr | 57 | 79 | 16 | 265 |
| Operating Expenses Qtr Cr | 57 | 77 | 20 | 262 |
| Operating Profit Qtr Cr | 0 | 2 | -3 | 3 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 0 | 0 | 0 | 0 |
| Net Profit Qtr Cr | 2 | 2 | 0 | 1 |
Veritas (India) Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- 170.06
- 50 Day
- 184.92
- 100 Day
- 180.8
- 200 Day
- 164.35
- 20 Day
- 167.84
- 50 Day
- 205.21
- 100 Day
- 185.83
- 200 Day
- 154.06
Veritas (India) Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 156.04 |
| Second Resistance | 160.17 |
| Third Resistance | 162.24 |
| RSI | 20.2 |
| MFI | 31.92 |
| MACD Single Line | -11.61 |
| MACD | -12.29 |
| Support | |
|---|---|
| First Resistance | 149.84 |
| Second Resistance | 147.77 |
| Third Resistance | 143.64 |
Veritas (India) Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 11,129 | 1,112,900 | 100 |
| Week | 7,495 | 749,500 | 100 |
| 1 Month | 13,965 | 1,396,490 | 100 |
| 6 Month | 95,301 | 9,530,106 | 100 |
Veritas (India) Result Highlights
Veritas (India) Synopsis
BSE-Elec-Misc Products
Veritas (India) Ltd. is involved in the business activities of Wholesale trade, except of motor vehiclesan d motorcycles. Company’s Total Operating Revenue is Rs. 353.90 Cr. and Equity Capital is Rs. 2.68 Cr. for the Year ended 31/03/2022. Veritas (India) Ltd. is a Public Limited Listed company incorporated on 21/03/1985 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L23209MH1985PLC035702 and registration number is 035702.| Market Cap | 399 |
| Sales | 417 |
| Shares in Float | 2.06 |
| No of funds | 1 |
| Yield | 0.03 |
| Book Value | 2.16 |
| U/D Vol ratio | 1.9 |
| LTDebt / Equity | |
| Alpha | 0.16 |
| Beta | 0.37 |
Veritas (India)
| Owner Name | Dec-22 | Sep-22 | Jun-22 | Mar-22 |
|---|---|---|---|---|
| Promoters | 22.83% | 56.79% | 63.36% | |
| Foreign Portfolio Investors | 9.7% | 9.7% | 9.7% | |
| Individual Investors | 6.63% | 6.4% | 6.42% | |
| Others | 60.84% | 27.11% | 20.52% |
Veritas (India) Management
| Name | Designation |
|---|---|
| Mr. Nitin Kumar Didwania | Chairman & Non-Exe.Director |
| Ms. Purvi Matani | Independent Director |
| Mr. Praveen Bhatnagar | Whole Time Director |
| Ms. Kamala Aithal | Independent Director |
| Mr. Vijay Shah | Independent Director |
| Mr. Kunal Sharma | Non Executive Director |
Veritas (India) Forecast
Price Estimates
Veritas (India) FAQs
What is Share Price of Veritas (India) ?
Veritas (India) share price is ₹148 As on 26 March, 2023 | 16:45
What is the Market Cap of Veritas (India) ?
The Market Cap of Veritas (India) is ₹399.2 Cr As on 26 March, 2023 | 16:45
What is the P/E ratio of Veritas (India) ?
The P/E ratio of Veritas (India) is 4.7 As on 26 March, 2023 | 16:45
What is the PB ratio of Veritas (India) ?
The PB ratio of Veritas (India) is 0.2 As on 26 March, 2023 | 16:45