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    3. Veritas Share Price

    Veritas (India) Share PriceVeritas (India)

    Small Cap 2.5k Result
    ₹407.05
    7.95 (1.99%)
    As on 09 December, 2023 | 06:33 BSE: 512229 NSE: VERITASISIN: INE379J01029

    Veritas (India) Performance

    Day Range

    • Low
    • High
    ₹ 407.05

    52 Week Range

    • Low
    • High
    ₹ 407.05
    • Open Price
    • Previous Close
    • Volume

    Start SIP in Veritas (India)

    Start SIP

    Veritas (India) Share Price

    • Over 1 Month 51.32%
    • Over 3 Month 77.17%
    • Over 6 Month 132.8%
    • Over 1 Year 154.72%

    Veritas (India) Key Statistics

    Veritas (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

    Veritas (India) Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 926175577916265
    Operating Expenses Qtr Cr 925876577720262
    Operating Profit Qtr Cr 03-102-33
    Depreciation Qtr Cr 0200000
    Interest Qtr Cr 0000000
    Tax Qtr Cr 0000000
    Net Profit Qtr Cr 1102201
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 235356
    Operating Expenses Annual Cr 230349
    Operating Profit Annual in Cr -25
    Depreciation Cr 00
    Interest Annual Cr 00
    Tax Annual Cr 11
    Net Profit Annual Cr 46
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 1143
    Cash from Investing Activity Annual Cr -11-43
    Cash from Financing Annual Activity Cr 00
    Net Cash Flow Annual Cr 00
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 189185
    Fixed Assets Annual Cr 33
    Total Non Current Assets Annual Cr 390378
    Total Current Assets Annual Cr 105171
    Total Assets Annual Cr 495549
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 7069
    ROE Annual % 23
    ROCE Annual % 12
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 22
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 941495659572540392512
    Operating Expenses Qtr Cr 884453618533503366476
    Operating Profit Qtr Cr 57424139372636
    Depreciation Qtr Cr 9999988
    Interest Qtr Cr 6846446
    Tax Qtr Cr 0000000
    Net Profit Qtr Cr 42252925241719
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 2,1682,132
    Operating Expenses Annual Cr 2,0211,975
    Operating Profit Annual in Cr 142157
    Depreciation Cr 3432
    Interest Annual Cr 1719
    Tax Annual Cr 11
    Net Profit Annual Cr 95105
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 81121
    Cash from Investing Activity Annual Cr -327
    Cash from Financing Annual Activity Cr -76-148
    Net Cash Flow Annual Cr 10
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 2,3042,111
    Fixed Assets Annual Cr 2,3962,326
    Total Non Current Assets Annual Cr 2,4062,328
    Total Current Assets Annual Cr 1,7151,673
    Total Assets Annual Cr 4,1214,001
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 859787
    ROE Annual % 45
    ROCE Annual % 45
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 77
    Invest in Veritas (India)

    Veritas (India) Technicals

    EMA & SMA

    Current Price
    ₹407.05
    7.95 (1.99%)
    pointer
    • 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

    PIVOT
    ₹407.05
    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 NameSep-23Jun-23Mar-23Dec-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

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

    Other Analyst Rating

    Veritas (India) Corporate Action

    Date Purpose Remarks
    2023-11-06 Quarterly Results
    2023-08-09 Quarterly Results
    2023-05-18 Audited Results & Final Dividend
    2023-02-07 Quarterly Results
    2022-11-14 Quarterly Results
    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 ₹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

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

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