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1 Comment
Varroc Engineering Limited is currently in a long term downtrend where the price is trading 3.7% below its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.5.
Varroc Engineering Limited's total revenue sank by 58.3% to $35B since the same quarter in the previous year.
Its net income has dropped by 200.7% to $-1B since the same quarter in the previous year.
Finally, its free cash flow fell by 113.7% to $-768M since the same quarter in the previous year.
Based on the above factors, Varroc Engineering Limited gets an overall score of 1/5.
Exchange | NSE |
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CurrencyCode | INR |
Sector | Consumer Cyclical |
Industry | Auto Parts |
ISIN | INE665L01035 |
Market Cap | 94B |
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PE Ratio | 70.5 |
Target Price | 620.4 |
Beta | 0.45 |
Dividend Yield | 0.0% |
Varroc Engineering Limited provides aftermarket automotive components and solutions worldwide. It offers e-mobility solutions, such as traction motors, controllers, and DC-DC converters; ice powertrain solutions, including valves, transmission components, crankpins and balancers, and wiper motors; light engines, light control units, and exterior and interior lighting products; and human-machine interface solutions, which include digital instrument clusters, sensors, and ergonomic handlebar switches. The company also provides polymer components, metallic forging and casting products, engine parts, and consumables and accessories; and intelligent cockpits and ADAS solutions, such as driver and cabin monitoring systems, surround view systems, and infotainment systems. In addition, it operates connected vehicle platform that integrates cloud providers, as well as supports device-agnostic connectivity. The company serves passenger cars, commercial vehicles, two and three wheelers, and off-highway vehicles original equipment manufacturers. Varroc Engineering Limited was incorporated in 1988 and is based in Aurangabad, India.
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