VETO

Veto Switchgears & Cables Share Price

₹170.66
+ 6.57 (4%)
13 September, 2024 18:12 BSE: 539331 NSE: VETO ISIN: INE918N01018

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Veto Switchgears & Cables Performance

Day Range

  • Low 163
  • High 172
₹ 170

52 Week Range

  • Low 106
  • High 196
₹ 170
  • Open Price163
  • Previous Close164
  • Volume82289

Veto Switchgears & Cables Chart

  • Over 1 Month -0.13%
  • Over 3 Month + 37.65%
  • Over 6 Month + 41.27%
  • Over 1 Year + 38.69%

Veto Switchgears & Cables Key Statistics

P/E Ratio 18.4
PEG Ratio -4.5
Market Cap Cr
Price to Book Ratio 1.3
EPS 15.9
Dividend 0.6
Relative Strength Index 51.66
Money Flow Index 44.96
MACD Signal 2.67
Average True Range 8.52

Veto Switchgears & Cables Investment Rating

  • Master Rating:
  • Veto Switchgears Cbls. has an operating revenue of Rs. 294.34 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 10% is healthy, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 1%, 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 21% 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 60 which is a FAIR score but needs to improve its earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 48 indicates it belongs to a fair industry group of Electrical-Power/Equipmt and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. 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

Veto Switchgears & Cables Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 426255514260
Operating Expenses Qtr Cr 365748443654
Operating Profit Qtr Cr 557855
Depreciation Qtr Cr 101111
Interest Qtr Cr 000111
Tax Qtr Cr 142214
Net Profit Qtr Cr 41745410
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 230209
Operating Expenses Annual Cr 185172
Operating Profit Annual in Cr 2424
Depreciation Cr 22
Interest Annual Cr 34
Tax Annual Cr 108
Net Profit Annual Cr 3023
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 55
Cash from Investing Activity Annual Cr 1812
Cash from Financing Annual Activity Cr -19-16
Net Cash Flow Annual Cr 32
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 239211
Fixed Assets Annual Cr 2524
Total Non Current Assets Annual Cr 9496
Total Current Assets Annual Cr 179166
Total Assets Annual Cr 274262
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 125110
ROE Annual % 1311
ROCE Annual % 1715
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2119
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 617982726784
Operating Expenses Qtr Cr 547573625978
Operating Profit Qtr Cr 7491086
Depreciation Qtr Cr 101111
Interest Qtr Cr 011211
Tax Qtr Cr 243224
Net Profit Qtr Cr 525652
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 305296
Operating Expenses Annual Cr 269257
Operating Profit Annual in Cr 3134
Depreciation Cr 33
Interest Annual Cr 45
Tax Annual Cr 1110
Net Profit Annual Cr 1820
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2718
Cash from Investing Activity Annual Cr -6-4
Cash from Financing Annual Activity Cr -27-10
Net Cash Flow Annual Cr -64
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 246233
Fixed Assets Annual Cr 5047
Total Non Current Assets Annual Cr 5753
Total Current Assets Annual Cr 250268
Total Assets Annual Cr 306321
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 129122
ROE Annual % 79
ROCE Annual % 1314
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1213

Veto Switchgears & Cables Technicals

EMA & SMA

Current Price
₹170.66
+ 6.57 (4%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹169.96
  • 50 Day
  • ₹162.30
  • 100 Day
  • ₹151.37
  • 200 Day
  • ₹139.99
  • 20 Day
  • ₹174.02
  • 50 Day
  • ₹162.99
  • 100 Day
  • ₹144.70
  • 200 Day
  • ₹136.04

Veto Switchgears & Cables Resistance and Support

PIVOT
₹168.53
Resistance
First Resistance 174.03
Second Resistance 177.41
Third Resistance 182.91
RSI 51.66
MFI 44.96
MACD Single Line 2.67
MACD 0.64
Support
First Support 165.15
Second Support 159.65
Third Supoort 156.27

Veto Switchgears & Cables Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 67,201 6,720,100 100
Week 73,869 7,386,920 100
1 Month 768,365 24,964,174 32.49
6 Month 487,633 18,949,411 38.86

Veto Switchgears & Cables Result Highlights

Veto Switchgears & Cables Synopsis

NSE-Electrical-Power/Equipmt

Veto Switchgears & C is involved in the business activities of Manufacture of other electronic and electric wires and cables. Company’s Total Operating Revenue is Rs. 196.06 Cr. and Equity Capital is Rs. 19.12 Cr. for the Year ended 31/03/2023. Veto Switchgears & Cables Ltd. is a Public Limited Listed company incorporated on 20/06/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31401MH2007PLC171844 and registration number is 171844.
Market Cap 314
Sales 210
Shares in Float 1.05
No of funds 1
Yield 0.61
Book Value 1.31
U/D Vol ratio 2.6
LTDebt / Equity 1
Alpha -0.01
Beta 1.26

Veto Switchgears & Cables Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 45.06%45.06%45.06%47.15%
Foreign Portfolio Investors 0.01%
Individual Investors 47.07%47.22%46.46%45.5%
Others 7.87%7.71%8.48%7.35%

Veto Switchgears & Cables Management

Name Designation
Mr. Akshay Kumar Gurnani Managing Director & CEO
Mr. Narain Das Gurnani WholeTime Director & CFO
Ms. Jyoti Gurnani Woman Director
Dr. Kanwarjeet Singh Independent Director
Mr. Hari Krishan Motwani Independent Director
Mr. Sanjeev Kumar Dass Independent Director

Veto Switchgears & Cables Forecast

Price Estimates

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

Other Analyst Rating

Veto Switchgears & Cables Corporate Action

Date Purpose Remarks
2024-08-13 Quarterly Results
2024-05-29 Audited Results
2024-02-13 Quarterly Results
2023-11-09 Quarterly Results
2023-08-14 Quarterly Results

Veto Switchgears & Cables MF Shareholding

Name Amount(cr)

Veto Switchgears & Cables FAQs

What is Share Price of Veto Switchgears & Cables ?

Veto Switchgears & Cables share price is ₹170 As on 13 September, 2024 | 17:58

What is the Market Cap of Veto Switchgears & Cables ?

The Market Cap of Veto Switchgears & Cables is ₹326.2 Cr As on 13 September, 2024 | 17:58

What is the P/E ratio of Veto Switchgears & Cables ?

The P/E ratio of Veto Switchgears & Cables is 18.4 As on 13 September, 2024 | 17:58

What is the PB ratio of Veto Switchgears & Cables ?

The PB ratio of Veto Switchgears & Cables is 1.3 As on 13 September, 2024 | 17:58

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