Veritas (India)
Veritas (India) Performance
Day Range
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52 Week Range
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- High
- Open Price
- Previous Close
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Start SIP in Veritas (India)
Start SIPVeritas (India) Investment Rating
-
Master Rating:
-
Veritas India has an operating revenue of Rs. 2,667.20 Cr. on a trailing 12-month basis. An annual revenue growth of 2% is not great, Pre-tax margin of 4% needs improvement, ROE of 4% is fair but needs improvement. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 44% and 89% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 51% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 88 which is a GOOD score indicating consistency in earnings, a RS Rating of 93 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 31 indicates it belongs to a strong industry group of Elec-Misc Products and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 92 | 61 | 75 | 57 | 79 | 16 | 265 |
Operating Expenses Qtr Cr | 92 | 58 | 76 | 57 | 77 | 20 | 262 |
Operating Profit Qtr Cr | 0 | 3 | -1 | 0 | 2 | -3 | 3 |
Depreciation Qtr Cr | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net Profit Qtr Cr | 1 | 1 | 0 | 2 | 2 | 0 | 1 |
Veritas (India) Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹345.65
- 50 Day
- ₹299.31
- 100 Day
- ₹264.80
- 200 Day
- ₹230.15
- 20 Day
- ₹339.66
- 50 Day
- ₹279.65
- 100 Day
- ₹257.68
- 200 Day
- ₹211.25
Veritas (India) Resistance and Support
Resistance | |
---|---|
First Resistance | 407.05 |
Second Resistance | 407.05 |
Third Resistance | 407.05 |
RSI | 96.81 |
MFI | 100.00 |
MACD Single Line | 30.23 |
MACD | 35.18 |
Support | |
---|---|
First Resistance | 407.05 |
Second Resistance | 407.05 |
Third Resistance | 407.05 |
Veritas (India) Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 1,036 | 103,600 | 100 |
Week | 11,555 | 1,155,460 | 100 |
1 Month | 17,938 | 1,793,781 | 100 |
6 Month | 13,555 | 1,355,544 | 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. 227.93 Cr. and Equity Capital is Rs. 2.68 Cr. for the Year ended 31/03/2023. 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 | 1,091 |
Sales | 286 |
Shares in Float | 1.21 |
No of funds | 2 |
Yield | 0.01 |
Book Value | 5.78 |
U/D Vol ratio | 4.8 |
LTDebt / Equity | |
Alpha | 0.39 |
Beta | 0.6 |
Veritas (India)
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 55.01% | 55.01% | 63.37% | 22.83% |
Foreign Portfolio Investors | 9.91% | 9.7% | 9.7% | |
Individual Investors | 12.69% | 12.62% | 6.52% | 6.63% |
Others | 22.39% | 22.67% | 30.11% | 60.84% |
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 |
Mr. Rohinton Eruch Shroff | Ind. Non-Executive Director |
Mr. Nikhil Vasantlal Merchant | Managing Director |
Mr. Vivek Paresh Merchant | Non Exe.Non Ind.Director |
Veritas (India) Forecast
Price Estimates
Veritas (India) Corporate Action
Veritas (India) FAQs
What is Share Price of Veritas (India) ?
Veritas (India) share price is ₹407 As on 09 December, 2023 | 06:19
What is the Market Cap of Veritas (India) ?
The Market Cap of Veritas (India) is ₹1091.3 Cr As on 09 December, 2023 | 06:19
What is the P/E ratio of Veritas (India) ?
The P/E ratio of Veritas (India) is 9 As on 09 December, 2023 | 06:19
What is the PB ratio of Veritas (India) ?
The PB ratio of Veritas (India) is 0.5 As on 09 December, 2023 | 06:19