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Veto Switchgears & Cables Ltd share Price Today

Company details

126.00
128.85
94.65
156.40
6M Return 8.31%
1Y Return 23.97%
Mkt Cap.(Cr) 241.71
Volume 62,308
Div Yield 0.78%
OI
-
OI Chg %
-
Volume 62,308

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Veto Switchgears & Cables Ltd shares SWOT Analysis

Strengths (7)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt
  • Increasing Revenue every quarter for the past 2 quarters

Weakness (0)

Data not found

Opportunity (0)

Data not found

Threats (1)

  • Companies with growing costs YoY for long term projects

Resistance and support

R1 129.2
R2 131.0
R3 132.6
Pivot

127.63

S1 125.8
S2 124.2
S3 122.4
EMA SMA
128.3
129.2
128.0
123.9
130.0
128.5
129.1
126.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
JATESH JAIN Bulk Purchase 2024-03-07 134.33 125100 NSE
JATESH JAIN Bulk Sell 2024-03-07 133.81 125100 NSE
QE SECURITIES LLP Bulk Purchase 2024-02-28 139.35 106319 NSE
Name Category Shares
AKSHAY KUMAR GURNANI PROMOTER 3.6%
KANISHK KISHORE GURNANI . PROMOTER 2.16%
PUSHPA DEVI GURNANI PROMOTER 1.49%
ROHIT GURNANI . PROMOTER 1.22%
VETO ELECTROPOWERS (INDIA) PRIVATE LIMITED PROMOTER 32.28%
HARISH KUMAR GURNANI PROMOTER 3.84%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Veto Switchgears & Cables Ltd Stocks COMPARISON

Financials( in Cr) Veto Switchgears & Cables Ltd Siemens Ltd ABB India Ltd Bharat Heavy Electricals Ltd CG Power & Industrial Solutions Ltd
Price 126.45 7,185.35 8,371.35 299.90 654.55
% Change -1.13 0.93 3.55 2.93 2.03
Mcap Cr 241.71 255,884.68 177,395.60 104,427.07 99,971.58
Revenue TTM Cr 291.11 19,553.80 10,446.52 23,364.94 6,972.54
Net Profit TTM Cr 20.45 1,961.90 1,242.05 477.39 962.97
PE TTM 13.88 109.80 121.93 0.00 118.57
1 Year Return 23.97 87.44 117.13 272.78 97.06
ROCE 12.81 20.44 30.39 2.44 40.59
ROE 9.18 15.89 22.82 1.54 34.91
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 232.89 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 44,248.95 -31,659.16
LAST 3M 105,886.10 -43,482.14
LAST 6M 173,149.22 48,654.40
LAST 12M 264,707.07 127,969.33

Veto Switchgears & Cables Ltd Information

Stock PE (TTM)
13.88
Promoter Holding
45.06%
Book Value
127.832
ROCE
12.81%
ROE
9.18%
Description
  • Veto Switchgears and Cables Limited was originally incorporated as a Partnership Firm on June 26, 2003 under the name and style "Veto Industries". On April 1, 2007 the name of the Firm was changed to "Veto Switchgears and Cables". Subsequently, on June 20, 2007, the Partnership Firm was converted in to the Private Limited Company under the name and style "Veto Switchgears and Cables Private Limited". The Company name was further changed to the present name `Veto Switchgears and Cables Limited` on August 3, 2012. Veto is the first company to produce ISI mark electrical accessories in India. Its manufacturing plants in India are located at Haridwar and Mumbai which are continuously manufacturing all the products with excellence and precision in the electrical industry. Veto Switchgears is part of Jaipur, Rajasthan based Gurnani Group which has interests in wires & cables, electrical accessories, real estate and hotels. The Company has been promoted by M/s Veto Electropowers (India) Private Limited, which is a subsidiary of Gurnani Holding Private Limited. It is an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables along with other electrical accessories in India. It`s product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories. It supply these products under the brands "VETO" and "VIMAL POWER" through large network of dealers to the customers in India as well as selected customers abroad. The Company`s journey began with a small electrical retail shop in Jaipur to evolve into one of India`s largest cable and wire and fast moving consumer electrical company under the leadership of Gurnani`s family. The Company came up with an IPO on December 13, 2012 and got listed on National Stock Exchange of India Limited (NSE) through SME Platform. It moved to the Main Boards of NSE in 2015. Further, it listed equity shares on Bombay Stock Exchange in year 2015. Another Wholly Owned Subsidiary Company in India in the name of Veto Electricals Private Limited taken over in 2014-15 which has its own manufacturing plant (100% Export Unit) at Light Engineering Zone, Mahindra SEZ, Jaipur. Its commercial production started from July, 2017 onwards. The Company registered a wholly owned subsidiary company in Dubai by the name of VETO Overseas Private F.Z.E in October 2015. The Company launched LED panel Lights, LED Flood Light, Slim Panel Light, LED Flood Light under the brand name "Vyoma" in 2016-17. It further launched its new Product range `VYOMA` for Modular Switches in May 2018 at Jaipur, Rajasthan. It opened new plants at Indore, Allahabad and Bhatinda in 2018. Further, the Company also acquired 95.5% stake in M/s Vankon Modular Private Limited in February 2021-22.

Registered Address

506 5 Flr Plot B-9 New Link Rd, Landmark Building Andheri (W), Mumbai, Maharashtra, 400058

Tel : 91-141-4100400
Email : cs:vetoswitchgears.com;info:vetoswitchgears.com;ve
Website : http://www.vetoswitchgears.com
Registrar

Big Share Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 539331
NSE Code : VETO
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE918N01018

FAQ’s on Veto Switchgears & Cables Ltd Shares

You can buy Veto Switchgears & Cables Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Veto Switchgears & Cables Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 17, 2024 03:55 PM the closing price of Veto Switchgears & Cables Ltd was Rs.126.45.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 17, 2024 03:55 PM, the market cap of Veto Switchgears & Cables Ltd stood at Rs. 241.71.

The latest PE ratio of Veto Switchgears & Cables Ltd as of May 17, 2024 03:55 PM is 13.88

The latest PB ratio of Veto Switchgears & Cables Ltd as of May 17, 2024 03:55 PM is 1.01

The 52-week high of Veto Switchgears & Cables Ltd share price is Rs. 156.40 while the 52-week low is Rs. 94.65

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