VETO

Veto Switchgears & Cables Share PriceVeto Switchgears & Cables

₹125.55
7.75 (6.58%)
As on 29 November, 2023 | 02:20 BSE: 539331 NSE: VETOISIN: INE918N01018

Veto Switchgears & Cables Performance

Day Range

  • Low 117.4
  • High 131.5
125.55

52 Week Range

  • Low 71.45
  • High 147
125.55
  • Open Price119.7
  • Previous Close118.2
  • Volume1512469

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Veto Switchgears & Cables Share Price

  • Over 1 Month 10.86%
  • Over 3 Month -9.64%
  • Over 6 Month 17.45%
  • Over 1 Year 8.61%

Veto Switchgears & Cables Key Statistics

P/E Ratio 13.7
PEG Ratio -0.4
Market Cap Cr 240
Price to Book Ratio 1
EPS 12
Dividend 0.8
Relative Strength Index 63.88
Money Flow Index 80.14
MACD Signal -1.06
Average True Range 4.85

Veto Switchgears & Cables Investment Rating

  • Master Rating:
  • Veto Switchgears Cbls. has an operating revenue of Rs. 294.42 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 10% is healthy, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 9% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 49 which is a POOR score indicating inconsistency in earnings, a RS Rating of 24 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 90 indicates it belongs to a poor industry group of Electrical-Power/Equipmt and a Master Score of C is fair but needs to improve. 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

Veto Switchgears & Cables Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 51426048523754
Operating Expenses Qtr Cr 44365441453247
Operating Profit Qtr Cr 8557747
Depreciation Qtr Cr 1111111
Interest Qtr Cr 1111111
Tax Qtr Cr 2142212
Net Profit Qtr Cr 54105534
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 209184
Operating Expenses Annual Cr 172147
Operating Profit Annual in Cr 2426
Depreciation Cr 23
Interest Annual Cr 43
Tax Annual Cr 88
Net Profit Annual Cr 2323
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 51
Cash from Investing Activity Annual Cr 120
Cash from Financing Annual Activity Cr -162
Net Cash Flow Annual Cr 23
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 211190
Fixed Assets Annual Cr 2426
Total Non Current Assets Annual Cr 9697
Total Current Assets Annual Cr 166151
Total Assets Annual Cr 262249
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 11099
ROE Annual % 1112
ROCE Annual % 1517
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1921
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 72678472756079
Operating Expenses Qtr Cr 62597865655072
Operating Profit Qtr Cr 1086611107
Depreciation Qtr Cr 1111111
Interest Qtr Cr 2111111
Tax Qtr Cr 2242323
Net Profit Qtr Cr 6525765
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 296271
Operating Expenses Annual Cr 257234
Operating Profit Annual in Cr 3434
Depreciation Cr 33
Interest Annual Cr 54
Tax Annual Cr 1010
Net Profit Annual Cr 2020
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 18-8
Cash from Investing Activity Annual Cr -40
Cash from Financing Annual Activity Cr -105
Net Cash Flow Annual Cr 4-4
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 233213
Fixed Assets Annual Cr 4745
Total Non Current Assets Annual Cr 5351
Total Current Assets Annual Cr 268258
Total Assets Annual Cr 321309
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 122112
ROE Annual % 99
ROCE Annual % 1415
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1314

Veto Switchgears & Cables Technicals

EMA & SMA

Current Price
₹125.55
7.75 (6.58%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹117.91
  • 50 Day
  • ₹119.42
  • 100 Day
  • ₹117.95
  • 200 Day
  • ₹113.35
  • 20 Day
  • ₹117.07
  • 50 Day
  • ₹120.76
  • 100 Day
  • ₹121.2
  • 200 Day
  • ₹107.56

Veto Switchgears & Cables Resistance and Support

PIVOT
₹124.82
Resistance
First Resistance ₹132.24
Second Resistance ₹138.92
Third Resistance ₹146.34
RSI 63.88
MFI 80.14
MACD Single Line -1.06
MACD -0.12
Support
First Resistance ₹118.14
Second Resistance ₹110.72
Third Resistance ₹104.04

Veto Switchgears & Cables Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,571,803 47,625,631 30.3
Week 458,800 15,645,071 34.1
1 Month 153,414 6,644,348 43.31
6 Month 339,307 14,135,548 41.66

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 240
Sales 200
Shares in Float 1.01
No of funds
Yield 0.85
Book Value 1.14
U/D Vol ratio 0.4
LTDebt / Equity 5
Alpha 0.03
Beta 1.05

Veto Switchgears & Cables

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 47.15%50.08%50.08%50.08%
Foreign Portfolio Investors
Individual Investors 45.5%42.78%41.48%40.8%
Others 7.35%7.14%8.44%9.12%

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
2023-11-09 Quarterly Results
2023-08-14 Quarterly Results
2023-05-30 Audited Results & Final Dividend
2023-02-14 Quarterly Results
2022-11-14 Quarterly Results

Veto Switchgears & Cables FAQs

What is Share Price of Veto Switchgears & Cables ?

Veto Switchgears & Cables share price is ₹125 As on 29 November, 2023 | 02:06

What is the Market Cap of Veto Switchgears & Cables ?

The Market Cap of Veto Switchgears & Cables is ₹240 Cr As on 29 November, 2023 | 02:06

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

The P/E ratio of Veto Switchgears & Cables is 13.7 As on 29 November, 2023 | 02:06

What is the PB ratio of Veto Switchgears & Cables ?

The PB ratio of Veto Switchgears & Cables is 1 As on 29 November, 2023 | 02:06

Q2FY23