NSE: VARROC | BSE: 541578

Mid-range Performer

Download real time

472.50 33.35 (7.59%)

High volume+gain today

NSE 24 Mar, 2025 3:31 PM (IST)

7,219.2

Market Cap

High in industry

1.2

Beta 1Year

Very High Volatility

Varroc Engineering Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for VARROC, BSE:541578 Varroc Engineering Ltd.

Varroc Engineering Ltd.

15 Aug 2022

472.50

7.59%

Undergoing consolidation before turnaround

Buy: Varroc Engineering Ltd.

ICICI Securities Limited

Varroc Engineering’s (VAR) ongoing operations’ revenue declined marginally ~1% QoQ to Rs16.3bn, with QoQ decline being led by ex-India operations of Italy forging and global 2W lighting.

Varroc Engineering Ltd. is trading above its 30 day SMA of 454.3

Varroc Engineering Ltd.

05 May 2022

472.50

7.59%

Varroc Engineer

Buy: Varroc Engineering Ltd.

Recommendation Target

Khambatta Securities

Varroc Engineering Ltd. is trading above its 30 day SMA of 454.3

Varroc Engineering Ltd.

17 Feb 2022

472.50

7.59%

Varroc Engineer

Hold: Varroc Engineering Ltd.

Khambatta Securities

Varroc Engineering Ltd. high volume past week with price gain of 14.57.

Varroc Engineering Ltd.

11 Nov 2020

472.50

7.59%

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. is trading below its 50 day SMA of 497.2

Varroc Engineering Ltd.

21 Dec 2018

472.50

7.59%

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 above its 30 day SMA of 454.3

Varroc Engineering Ltd.

26 Jun 2018

472.50

7.59%

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...

Number of FII/FPI investors increased from 92 to 98 in Dec 2024 qtr.

Varroc Engineering Ltd.

25 Jun 2018

472.50

7.59%

VARROC ENGINEERING LTD

IPO Note: Varroc Engineering Ltd.

Ventura

IPO NOTE

Varroc Engineering Ltd. is trading at high volume of 2.9M with price gain of 7.59.

Varroc Engineering Ltd.

25 Jun 2018

472.50

7.59%

Varroc Engineering Ltd.

IPO Note: Varroc Engineering Ltd.

Angel Broking

Varroc Engineering Ltd (VEL) is a tier-1 automotive component group. It designs, manufactures and supplies exterior lighting systems, plastic & polymer components, electricals-electronics components and precision metallic components to passenger cars, commercial vehicles, 2W, 3W and off highway vehicle OEMs directly worldwide. VEL has..

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

Varroc Engineering Ltd.

23 Jun 2018, 12:00AM

472.50

7.59%

IPO Update - Varroc Engineering Ltd.

IPO Note: Varroc Engineering Ltd.

Choice India

Strong competitive position in attractive growing markets Strong, long-standing customer relationships Comprehensive product portfolio Low cost, strategically located manufacturing and design footprint Robust in-house technology, innovation and R&D; capabilities...

Varroc Engineering Ltd.'s price crossed above 30Day SMA today

No results found

Is Varroc Engineering Ltd. worth buying?

234 Votes:

Buy 79.06%

Sell 15.81%

Hold 5.13%

RESEARCH REPORTS

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