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34.45INR
5.26 BINR
74.10 BINR
37.49 M
About VARROC ENGINEERING LTD.
Sector
Industry
CEO
Tarang Jain
Website
Headquarters
Aurangabad
Employees (FY)
11.19 K
Founded
1988
ISIN
INE665L01035
FIGI
BBG00KHG83F0
Varroc Engineering Ltd. engages in the manufacture and supply of automotive components. Its products include polymer, electrical-electronics, metallic, and lighting systems. It operates through the Automotive and Others segments. The Automotive segment offers automobile products which comprises of auto parts for two-wheelers, three-wheelers, and four-wheelers. The company was founded on May 11, 1988 and is headquartered in Aurangabad, India.
VARROC S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
Next Big Move on Varroc Engineering Ltd.As the price gain momentum at the demand and trend line break with momentum.
"U" Shape Pattern.* 4 Year Consolidation touched on resistance multiple times trend line Year Aug-19 TO Sep-23
* At Support level multiple times, and breakout made after 4 Year consolidation Trend Line. May-20 To May-24
* Expected To reach at the next level. Price level - 1160
SWING IDEA - VARROC ENGINEERING Varroc Engineering presents a compelling case for a potential swing trade, backed by several key indicators.
Reasons are listed below :
After multiple tests, Varroc Engineering broke through the crucial 500 level and is now retesting it, indicating a potential shift in market sentiment.
A doji
VARROC ENGINEERINGBeautiful Weekly setup of Ascending Triangle
Rsi > 60 , 10,20 and 50 ema Crossing 200 Ema and giving a Minor breakout with volume under the Main pattern of Ascending Triangle
Rs also positive
A Good positional trade till ATH looks promising.
VARROC ENGINEERING - Poised for a 15% upmove - Swing Trade1) Stock is in uptrend in all major time frames.
2) Weekly is reversing from a pullback. Last week - weekly candle confirms reversal.
3) Daily price action as well confirms reversal, moved out of range.
4) RSI just hitting 60 in daily, RSI in lower timeframes apt for entries.
My entry : 520.
SL : 4
Varroc Engineering Ltd. is a manufacturerVarroc Engineering Ltd. is a manufacturer and supplier of automotive components. Their product portfolio includes polymer, electrical-electronics, metallic, and lighting systems. The company operates in the Automotive and Others segments. Riding the bullish wave with a stop loss at ₹505 and a straig
VARROC weekly breakoutmcap 8571cr
cmp 562 vs book value 67.7
dividend 0
debt to eq 1.39
stock pe 16.4 vs industry pe 32.9
promoter holding 75% vs 85% in MARCH 2019
small position
Varroc Engineering Ltd🚀 Varroc Engineering Ltd Update!
📈 Stock: VARROC
🔍 Support: Rs. 526
🎯 Target: Rs. 1178
💡 Strong technical, potential for a double-up. 🌟
🚨 Disclaimer: Investing involves risk. Do thorough research and consider consulting a financial advisor. Past performance doesn't guarantee future results. Inves
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An aggregate view of professional's ratings.
Frequently Asked Questions
The current price of VARROC is 565.85 INR — it has increased by 0.25% in the past 24 hours. Watch VARROC ENGINEERING LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange VARROC ENGINEERING LTD. stocks are traded under the ticker VARROC.
VARROC stock has risen by 1.30% compared to the previous week, the month change is a 4.40% rise, over the last year VARROC ENGINEERING LTD. has showed a 18.89% increase.
We've gathered analysts' opinions on VARROC ENGINEERING LTD. future price: according to them, VARROC price has a max estimate of 770.00 INR and a min estimate of 450.00 INR. Watch VARROC chart and read a more detailed VARROC ENGINEERING LTD. stock forecast: see what analysts think of VARROC ENGINEERING LTD. and suggest that you do with its stocks.
VARROC reached its all-time high on Sep 3, 2018 with the price of 1,178.70 INR, and its all-time low was 120.00 INR and was reached on Apr 3, 2020. View more price dynamics on VARROC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
VARROC stock is 3.47% volatile and has beta coefficient of 1.32. Track VARROC ENGINEERING LTD. stock price on the chart and check out the list of the most volatile stocks — is VARROC ENGINEERING LTD. there?
Today VARROC ENGINEERING LTD. has the market capitalization of 86.29 B, it has increased by 0.46% over the last week.
Yes, you can track VARROC ENGINEERING LTD. financials in yearly and quarterly reports right on TradingView.
VARROC ENGINEERING LTD. is going to release the next earnings report on Nov 14, 2024. Keep track of upcoming events with our Earnings Calendar.
VARROC earnings for the last quarter are 2.16 INR per share, whereas the estimation was 4.60 INR resulting in a −53.04% surprise. The estimated earnings for the next quarter are 5.80 INR per share. See more details about VARROC ENGINEERING LTD. earnings.
VARROC ENGINEERING LTD. revenue for the last quarter amounts to 18.99 B INR, despite the estimated figure of 20.14 B INR. In the next quarter, revenue is expected to reach 21.30 B INR.
VARROC net income for the last quarter is 324.06 M INR, while the quarter before that showed 568.55 M INR of net income which accounts for −43.00% change. Track more VARROC ENGINEERING LTD. financial stats to get the full picture.
As of Sep 19, 2024, the company has 11.19 K employees. See our rating of the largest employees — is VARROC ENGINEERING LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. VARROC ENGINEERING LTD. EBITDA is 7.24 B INR, and current EBITDA margin is 8.36%. See more stats in VARROC ENGINEERING LTD. financial statements.
Like other stocks, VARROC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade VARROC ENGINEERING LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So VARROC ENGINEERING LTD. technincal analysis shows the neutral today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating VARROC ENGINEERING LTD. stock shows the buy signal. See more of VARROC ENGINEERING LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.