VETO

VETO SWITCHGEARS & CABLES

Small Cap BSE: 539331 NSE: VETO
₹114.8
3.2 (2.87%)
As on 26 November, 2022 | 15:36

Veto Switchgears & Cables Share Price

Veto Switchgears & Cables Performance

Day Range

  • Low
  • High

52 Week Range

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

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Veto Switchgears & Cables Share Returns

  • Over 1 Month 6.35%
  • Over 3 Month 11.4%
  • Over 6 Month 24.65%
  • Over 1 Year 0.92%

Veto Switchgears & Cables Key Statistics

P/E Ratio 8.3
PEG Ratio 0.2
Market Cap Cr 219
Price to Book Ratio 1
EPS 11.8
Dividend 0.9
Relative Strength Index 49.9
Money Flow Index 50.66
MACD Signal 1.68
Average True Range 6.69

Veto Switchgears & Cables Investment Rating

  • Master Rating:
  • Veto Switchgears Cbls. has an operating revenue of Rs. 285.67 Cr. on a trailing 12-month basis. An annual revenue growth of 48% is outstanding, Pre-tax margin of 11% is healthy, ROE of 9% 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 trading close to its 50DMA and comfortably placed above its 200DMA, around 14% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -5% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 65 which is a FAIR score but needs to improve its earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 64 indicates it belongs to a poor industry group of Electrical-Power/Equipmt and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Veto Switchgears & Cables Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 52375446502347
Operating Expenses Qtr Cr 45324737432040
Operating Profit Qtr Cr 7479646
Depreciation Qtr Cr 1111110
Interest Qtr Cr 1111111
Tax Qtr Cr 2122312
Net Profit Qtr Cr 53461024

Veto Switchgears & Cables Technicals

EMA & SMA

Current Price
114.8
3.2 (2.87%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 115.44
  • 50 Day
  • 112.32
  • 100 Day
  • 107.91
  • 200 Day
  • 100.51
  • 20 Day
  • 118.3
  • 50 Day
  • 112.52
  • 100 Day
  • 105.22
  • 200 Day
  • 100.38

Veto Switchgears & Cables Resistance and Support

PIVOT
₹112.24
Resistance
First Resistance 114.97
Second Resistance 118.34
Third Resistance 121.07
RSI 49.9
MFI 50.66
MACD Single Line 1.68
MACD 0.45
Support
First Resistance 108.87
Second Resistance 106.14
Third Resistance 102.77

Veto Switchgears & Cables Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,371,407 40,182,225 29.3
Week 336,171 11,624,800 34.58
1 Month 340,914 16,871,820 49.49
6 Month 150,397 7,676,258 51.04

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. 173.66 Cr. and Equity Capital is Rs. 19.12 Cr. for the Year ended 31/03/2022. 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 219
Sales 189
Shares in Float 0.84
No of funds 1
Yield 0.87
Book Value 1.16
U/D Vol ratio 2.2
LTDebt / Equity 2
Alpha 0.02
Beta 1.29

Veto Switchgears & Cables

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 55.74%55.74%55.74%
Foreign Portfolio Investors 1.32%1.32%
Individual Investors 36.11%33.41%33.49%
Others 8.15%9.53%9.45%

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. Govind Ram Thawani Independent Director
Mr. Hari Krishan Motwani 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
2022-11-14 Quarterly Results
2022-08-10 Quarterly Results
2022-05-26 Audited Results & Final Dividend
2022-02-11 Quarterly Results
2021-11-12 Quarterly Results

Veto Switchgears & Cables FAQs

What is Share Price of Veto Switchgears & Cables ?

Veto Switchgears & Cables share price is ₹114 As on 26 November, 2022 | 15:22

What is the Market Cap of Veto Switchgears & Cables ?

The Market Cap of Veto Switchgears & Cables is ₹219.4 Cr As on 26 November, 2022 | 15:22

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

The P/E ratio of Veto Switchgears & Cables is 8.3 As on 26 November, 2022 | 15:22

What is the PB ratio of Veto Switchgears & Cables ?

The PB ratio of Veto Switchgears & Cables is 1 As on 26 November, 2022 | 15:22

Q2FY23