Varroc Engineering Ltd. share price target

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. has an average share price target of 593. The consensus estimate represents a downside of -3.10% from the last price of 612. View 4 reports from 2 analysts offering long-term price targets for Varroc Engineering Ltd..

Reco - This broker has downgraded this stock from it's previous report.
(eg. - Buy->Hold)

Target - Broker has maintained previous recommendation but reduced share price target.

Reco - This broker has upgraded this stock from it's previous report.
(eg. - Sell->Hold)

Target - Broker has maintained previous recommendation but increased share price target.

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Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report		Discuss
	15 Sep 2025	Varroc Engineering	Consensus Share Price Target	612.00	594.40	-	-2.88	hold	pdf Detailed Estimates
	22 Jun 2018	Varroc Engineering	ICICI Securities Limited	612.00				IPO Note	pdf post cache		Broker Report Varroc Engineering- IPO ICICI Securities Limited Varroc Engineering (VEL) founded in 1988, is second largest Auto component group with the global footprint. The company primarily has two business lines 1) Varroc Lighting System (VLS) sixth largest player in the global exterior Auto lighting catering to the PV OEMs (accounts for 61% of revenues) & 2) Varroc India business which includes three segments namely - Polymer, Electrical & Metallic catering to 2W, 3W, PV, CV & OHV (accounts for 32.5% of its FY18 revenue). It has low cost strategically located global manufacturing footprint (36 locations) & in-house R&D; capabilities. VEL has long standing... pdf Copy Link Share on Share on Share on Share on Alert

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63.59% Gain from 52W Low

Varroc Engineering Ltd. share price target

Varroc Engineering Ltd. has an average share price target of 593. The consensus estimate represents a downside of -3.10% from the last price of 612. View 4 reports from 2 analysts offering long-term price targets for Varroc Engineering Ltd..

Varroc Engineering- IPO

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