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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 | 76B |
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PE Ratio | 77.46 |
Target Price | 523.4 |
Beta | 0.62 |
Dividend Yield | None |
Varroc Engineering Limited designs, manufactures, and supplies exterior lighting systems, plastic and polymer components, electrical and electronics components, advanced safety systems, and precision metallic components worldwide. The company operates through Automotive and Others segments. It offers unpainted and painted body parts; exterior and interior systems; seating systems; mirror systems; air filters; automotive accessories; lighting systems; instrument clusters; catalytic converters; switches; motors and magnetos; electronics; traction motors and controllers; DC-DC converters; and battery management systems, as well as engine valves. The company also provides precision, forged, and machined parts for engine and transmissions to two-wheeler, three-wheeler, four-wheeler, commercial vehicle, off-highway, earthmoving, and oil drilling applications; and transmission gears and assemblies, crankpins, connecting rods, flanges, ring gears, crankshafts, camshafts, knuckles, front axle beams, hydraulic shafts, heavy undercarriage parts, and drill bits and cones, as well as head and signal lamps. It serves passenger car, commercial vehicle, two-wheeler, three-wheeler, and off-highway vehicle original equipment manufacturers. Varroc Engineering Limited was incorporated in 1988 and is based in Aurangabad, India.
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