Varroc Engineering Ltd. News and Updates

Name: Latest research reports of Varroc Engineering Ltd. authored by Dolat Capital and published by - Trendlyne research reports.
Item: Varroc Engineering Ltd.
Rating: 5
Author: Dolat Capital

Keep track of all breaking news on Varroc Engineering Ltd. from all sources in a single place.

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Varroc Engineering Ltd.

11 Nov 2020

436.60

0.72%

Varroc Engineer

Buy: Varroc Engineering Ltd.

Dolat Capital

In the past two years, high capex, leveraged BS and demand slowdown, both in India and global markets, impacted earnings and cash flows of Varroc Engineering (VAR). However, we expect that the worst is behind and project strong earnings growth over the next 2-3 years supported by 1) revival in demand across key global markets, 2) cut in capex will help generate strong FCF and de-leverage balance sheet, 3) incremental revenue from past capacity addition (capex of ~Rs 28bn in...

Varroc Engineering Ltd. has lost -25.63% in the last 3 Months

Varroc Engineering Ltd.

26 Jun 2020

436.60

0.72%

Buy Varroc Engineering: target of Rs 283: ICICI Securities

Moneycontrol

ICICI Securities is bullish on Varroc Engineering recommended buy rating on the stock with a target price of Rs 283 in its research report dated June 26, 2020.

Varroc Engineering L.. has an average target of 585.50 from 2 brokers.

Varroc Engineer Standalone March 2020 Net Sales at Rs 520.05 crore, down 15.27% Y-o-Y

Moneycontrol | 26 Jun 2020

Varroc Engineering Ltd.

13 Aug 2019

436.60

0.72%

Varroc Engineering to acquire 74% stake in CarIQ Technologies

Business Line

Auto component manufacturer Varroc Engineering Ltd has entered into an agreement to acquire 74 per cent stake in the Pune-based connected vehicle solu

Varroc Engineering L.. has an average target of 585.50 from 2 brokers.

Varroc Engineering Ltd.

28 Feb 2019

436.60

0.72%

Varroc Engineering share price rises after subsidiary starts operations in Morocco

Business Today

The share price on Bombay Stock Exchange, rose from the previous close of Rs 597.6 at 0.6 percent to open at Rs 601.2.

Varroc Engineering L.. has an average target of 585.50 from 2 brokers.

Company news: Varroc Engineering

Business Line | 27 Feb 2019

Varroc Engineering Ltd.

21 Dec 2018

436.60

0.72%

VARROC ENGINEERING LIMITED

Buy: Varroc Engineering Ltd.

Joindre Capital Services

Varroc Engineering Ltd. is a global tier-1 auto components supplier engaged in the design, manufacture and supply of auto exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components used in passenger cars, commercial vehicles, 2-wheelers (2W), 3-wheelers (3W), and off-highway vehicles (OHV) OEMs. Varroc Lighting Systems division is the sixth-largest supplier globally and one of the top three independent exterior lighting suppliers. Varroc's business consists 1) Global Lighting Business involved in design, manufacture and supply of exterior lighting for passenger cars,with the products sold to OEMs globally; 2) India Business involved in design, manufacture and supply of a variety of...

Varroc Engineering Ltd. is trading below its 50 day SMA of 454.4

Varroc Engineering Ltd.

19 Sep 2018

436.60

0.72%

Varroc Engg arm signs pact with ELBA SA

Business Line

The Netherlands-based VarrocCorp Holdings BV, a wholly owned subsidiary of Varroc Engineering Ltd, has signed a joint venture agreement with ELBA SA,

Varroc Engineering Ltd. has lost -23.90% in the last 6 Months

Varroc Engineering Ltd.

06 Jul 2018

436.60

0.72%

Varroc Engineering jumps 7% on debut

Business Line

Shares of auto component maker Varroc Engineering made a smart debut on the bourses today, surging nearly 7 per cent against the issue price of Rs 9

Varroc Engineering Ltd. is trading above its 30 day SMA of 428.5

Varroc Engineering Shares Rise Over 6 Percent On Market Debut

NDTV Profit | 06 Jul 2018 2 more

Varroc Engineering Ltd.

02 Jul 2018

436.60

0.72%

Four new billionaire promoters for booming auto industry in last 20 months

Business Standard

And a fifth businessman is likely to join the league when Varroc Engineering lists next week

Varroc Engineering Ltd. is trading below its 50 day SMA of 454.4

Varroc Engineering Ltd.

27 Jun 2018

436.60

0.72%

Varroc Engineering IPO fully subscribed on Day 2

Business Line

The Rs 1,955-crore initial public offering of auto component maker Varroc Engineering was fully subscribed on the second day today due to strong int

Varroc Engineering Ltd. has lost -23.90% in the last 6 Months

Varroc Engineering Ltd.

26 Jun 2018

436.60

0.72%

Varroc Engineering Limited

IPO Avoid: Varroc Engineering Ltd.

SMC online

Varroc Engineering Limited is a global tier-1 automotive component group. The company designs, manufactures and supplies exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components to various automobile companies worldwide. It is the second largest Indian auto component group and a leading tier-1 manufacturer and supplier to Indian two-wheeler and threewheeler OEMs. The company has expanded in India through acquisitions, mergers, jointventures and has expanded its manufacturing and R&D; footprint by investing in nine manufacturing plants and an additional R&D; center in India since 2012. The company has two primary business lines: (1) the Global Lighting Business under which it design, manufacture and supply of exterior lighting systems to passenger cars OEMs worldwide...