429.6000 -9.45 (-2.15%)
NSE May 06, 2025 15:31 PM
Volume: 65,164
 

429.60
-2.15%
ICICI Securities Limited
Varroc Engineering’s (VAR) Q3FY23 EBITDA margin came in at 7.8%, up 280bps YoY, mainly led by improved operating leverage on account of 15%, YoY revenue growth with gross margin remaining unchanged. Revenue growth of 15% YoY to Rs17.2bn was mainly driven by organic growth in India business on a low base, cost inflation pass on and new business initiatives in EV/electronics.
Varroc Engineering Ltd.'s price crossed below 30Day SMA today
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