439.1500 3.45 (0.79%)
NSE Mar 21, 2025 15:31 PM
Volume: 270.0K
 

439.15
0.79%
ICICI Securities Limited
Varroc Engineering’s (VAR) EBITDAM for Q2FY24 stood at 10.3%, up ~80bps QoQ, and 70bps higher than consensus estimate though revenue was in line. VAR is operating at ~60-65% capacity utilisation, with margin improvement ahead being driven by operating leverage and focus on fixed cost/GM.
Varroc Engineering Ltd. is trading below all available SMAs
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