VERITAS

VERITAS (INDIA)

Small Cap BSE: 512229 NSE: VERITAS
₹129.5
As on 16 August, 2022 | 08:58

Veritas (India) Share Price

Veritas (India) Performance

Day Range

  • Low
  • High

52 Week Range

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

Veritas (India) Share Returns

  • Over 1 Month 4.94%
  • Over 3 Month 12.56%
  • Over 6 Month -22.01%
  • Over 1 Year -13.92%

Veritas (India) Key Statistics

Veritas (India) Investment Rating

  • Master Rating:
  • Veritas India has an operating revenue of Rs. 2,190.17 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 close to its 50DMA and comfortably placed above its 200DMA, around 6% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 53 which is a POOR score indicating inconsistency in earnings, a RS Rating of 51 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 88 indicates it belongs to a poor industry group of Elec-Misc Products and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Veritas (India) Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 16
  • 265
  • 70
  • 17
  • 2
  • 45
  • Operating Expenses Qtr Cr
  • 20
  • 262
  • 66
  • 18
  • 3
  • 48
  • Operating Profit Qtr Cr
  • -3
  • 3
  • 4
  • -1
  • -1
  • -3
  • Depreciation Qtr Cr
  • 0
  • 0
  • 0
  • 0
  • 0
  • 0
  • Interest Qtr Cr
  • 0
  • 0
  • 0
  • 0
  • 0
  • 0
  • Tax Qtr Cr
  • 0
  • 0
  • 1
  • 0
  • 0
  • 2
  • Net Profit Qtr Cr
  • 0
  • 1
  • 5
  • 0
  • 0
  • 0

Veritas (India) Technicals

EMA & SMA

Current Price
129.5
(0%)
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • 127.81
  • 50 Day
  • 125.48
  • 100 Day
  • 123.64
  • 200 Day
  • 121.61
  • 20 Day
  • 127.82
  • 50 Day
  • 123.92
  • 100 Day
  • 123.34
  • 200 Day
  • 121.51

Veritas (India) Resistance and Support

PIVOT
₹128.34
Resistance
  • First Resistance
  • 130.67
  • Second Resistance
  • 131.84
  • Third Resistance
  • 134.17
Support
  • First Resistance
  • 127.17
  • Second Resistance
  • 124.84
  • Third Resistance
  • 123.67
  • RSI
  • 56.22
  • MFI
  • 76.94
  • MACD Single Line
  • 1.94
  • MACD
  • 1.74

Veritas (India) Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 1,332
  • 133,200
  • 100
  • Week
  • 4,840
  • 484,000
  • 100
  • 1 Month
  • 9,698
  • 969,790
  • 100
  • 6 Month
  • 12,655
  • 1,265,511
  • 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. 422.85 Cr. and Equity Capital is Rs. 2.68 Cr. for the Year ended 31/03/2021. 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
  • 347
  • Sales
  • 368
  • Shares in Float
  • 0.99
  • No of funds
  • 1
  • Yield
  • 0.04
  • Book Value
  • 1.88
  • U/D Vol ratio
  • 1.1
  • LTDebt / Equity
  • Alpha
  • -0.04
  • Beta
  • 0.28

Veritas (India)

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 63.36%
  • 63.36%
  • 65.23%
  • Foreign Portfolio Investors
  • 9.7%
  • 9.7%
  • 9.7%
  • Individual Investors
  • 6.42%
  • 6.6%
  • 6.18%
  • Others
  • 20.52%
  • 20.34%
  • 18.89%

Veritas (India) Management

  • Name
  • Designation
  • Mr. Nitin Kumar Didwania
  • Chairman & Non-Exe.Director
  • Mr. Praveen Bhatnagar
  • Whole Time Director
  • Ms. Kamala Aithal
  • Independent Director
  • Ms. Purvi Matani
  • Independent Director
  • Mr. Vijay Shah
  • Independent Director
  • Mr. Kunal Sharma
  • Non Executive Director

Veritas (India) Forecast

Price Estimates

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

Other Analyst Rating

Veritas (India) Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-10
  • Quarterly Results
  • 2022-05-30
  • Audited Results & Final Dividend
  • 2022-05-17
  • Others
  • Inter alia, to consider and appoint Company Secretary and Compliance Officer (KMP). per share(5%)Dividend
  • 2022-02-17
  • Quarterly Results
  • (Revised) per share(5%)Dividend
  • 2021-11-24
  • Quarterly Results
  • (Revised) per share(5%)Dividend
  • Date
  • Purpose
  • Remarks
  • 2021-09-23
  • FINAL
  • Rs.0.05 per share(5%)Final Dividend

Veritas (India) FAQs

What is Share Price of Veritas (India) ?

Veritas (India) share price is ₹129 As on 16 August, 2022 | 08:44

What is the Market Cap of Veritas (India) ?

The Market Cap of Veritas (India) is ₹347.2 Cr As on 16 August, 2022 | 08:44

What is the P/E ratio of Veritas (India) ?

The P/E ratio of Veritas (India) is 3.9 As on 16 August, 2022 | 08:44

What is the PB ratio of Veritas (India) ?

The PB ratio of Veritas (India) is 0.2 As on 16 August, 2022 | 08:44

Q1FY23