NRI

Veto Switchgears & Cables Ltd

Sector Capital Goods - Electrical Equipment
BSE 539331
NSE VETO
122.24
2.05 (1.71 %)
Buy
B
Sell
S
NSE BSE

Overview

Day Low

119.19

Day High

122.80

52 Week Low

106.05

52 Week High

196.00

All Time Low

26.30

All Time High

265.50

Open

122.80

Close

120.19

Volume

28,290

Mkt cap (Cr)

233.66

P/E ratio

13.18

P/B ratio

1.10%

Div yield

0.82%

6M return

-24.19%

1Y return

-1.97%

1D 1W 1M 3M 6M 1Yr 3Yr 5Yr 10Yr Max
Price PE Ratio
 

We appreciate your patience. Your content is on the way.

SWOT Analysis

  • S
  • W
  • O
  • T

Technical Analysis

Moving Averages

EMA SMA
 

We appreciate your patience. Your content is on the way.

122.24 1.71%

Current Price

  • Bullish Moving Averages
  • Bearish Moving Averages

Resistance and support

 

We appreciate your patience. Your content is on the way.

Company Financials

  • Profit and loss statement
  • Balance sheet
  • Quarterly Result
  • Ratio
 

We appreciate your patience. Your content is on the way.

Quick Results Snapshot

 

We appreciate your patience. Your content is on the way.

Shareholding Pattern

Summary

 

We appreciate your patience. Your content is on the way.

 

We appreciate your patience. Your content is on the way.

Historical Promoter Summary

 

We appreciate your patience. Your content is on the way.

Promoter Holding(%)

Historical FII Holdings

 

We appreciate your patience. Your content is on the way.

FII Holding(%)

Historical MF Holdings

 

We appreciate your patience. Your content is on the way.

MF Holding(%)

Stocks Comparison
Table Chart

 

We appreciate your patience. Your content is on the way.

Corporate Action

  • Announcement
  • Board Meeting
  • Dividend
  • Split
  • Rights
  • Events

Insider & Institutional Activity

  • Bulk Block Deals
  • Insider Trading & SAST
 

We appreciate your patience. Your content is on the way.

About Veto Switchgears & Cables Ltd

Stock PE (TTM)

13.18

Promoter Holding

45.06%

Book Value

134.486

ROCE

11.79%

ROE

7.54%

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.

Veto Switchgears & Cables share price as on 08 Feb 2025 is Rs. 122.24. Over the past 6 months, the Veto Switchgears & Cables share price has decreased by 24.19% and in the last one year, it has decreased by 1.97%. The 52-week low for Veto Switchgears & Cables share price was Rs. 106.05 and 52-week high was Rs. 196.

Read More
Registered Office  
Registrars  
Management  
Listing Info  

539331

VETO

INE918N01018

Sep

Veto Switchgears & Cables Ltd FAQs

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 Feb 07, 2025 03:51 PM the closing price of Veto Switchgears & Cables Ltd was Rs.122.24.

The latest PE ratio of Veto Switchgears & Cables Ltd as of Feb 07, 2025 03:51 PM is 13.18

The latest PB ratio of Veto Switchgears & Cables Ltd as of Feb 07, 2025 03:51 PM is 1.10

The 52-week high of Veto Switchgears & Cables Ltd share price is Rs. 196.00 while the 52-week low is Rs. 106.05

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 Feb 07, 2025 03:51 PM, the market cap of Veto Switchgears & Cables Ltd stood at Rs. 233.66 Cr.

Market Outlook

View all
 

We appreciate your patience. Your content is on the way.