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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 | 79B |
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PE Ratio | 58.94 |
Target Price | 588.4 |
Beta | 0.49 |
Dividend Yield | 0.0% |
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 provides E-Mobility solutions that include traction motors, controllers, and DC-DC converters; Ice Powertrain Solutions, such as valves, transmission components, crankpins and balancers, and wiper motor; lighting and lighting electric solutions, including light engines, light control units, exterior lighting, and interior lighting; and Human-Machine Interface (HMI) solutions, which include digital instrument clusters, sensors, and ergonomic handlebar switches. The company also offers body system solutions and aftermarket automotive components and solutions, such as polymer components, metallic forging and casting products, engine parts, and consumables and accessories; and intelligent Cockpit and ADAS solutions that include driver and cabin monitoring system, surround view system, and infotainment system. Additionally, it operates connected vehicle platform that integrates cloud providers and supports device-agnostic connectivity. It serves passenger cars, 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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