Name: Latest research reports of Varroc Engineering Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Varroc Engineering Ltd.
Rating: 3
Author: ICICI Securities Limited

Varroc Engineering Ltd.

NSE: VARROC | BSE: 541578 | ISIN: INE665L01035 | Industry: Auto Parts & Equipment
| Falling Comet

439.1500 3.45 (0.79%)

NSE Mar 21, 2025 15:31 PM

New 52W Low in past week

Volume: 270.0K

Varroc Engineering Ltd.

07 Aug 2024

439.15

0.79%

Sub-10% EBITDA margin trend continues; downgrade to HOLD

Hold: Varroc Engineering Ltd.

Recommendation Target

ICICI Securities Limited

Varroc Engineering’s (VAR) EBITDAM stood at 9.2%, down ~30bps YoY, and 100bps lower than consensus estimate in Q1FY25.

Varroc Engineering Ltd. has lost -26.57% in the last 3 Months