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Veto Switchgears and Cables Limited

VETO | NSE

107.58

INR

2.94

2.81%

VETO | NSE
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About Veto Switchgears and Cables Limited

Sector

Industrials

Industry

Electrical Equipment & Parts

Earnings date

31/03/2024

As of date

17/04/2026

Close

107.58

Open

104.90

High

109.01

Low

104.63

Veto Switchgears and Cables Limited together with its subsidiaries engages in the manufacture and sale of wires and cables and electrical accessories in India and internationally. It operates through Wire and Cables Lighting & Fittings and Accessories & Others segments. The company offers electrical accessories including vyoma carino and power modular switches as well as PUF and ZAC switches; and MCBs/isolators/distribution boxes and bells and extension cords. It also provides wires and cables such as multi strand L.T. industrial and copper flexible cables; ceiling ventilation and fresh air fans as well as submersible pumps; and LED panels street lights flood lights concealed lights deep lights bulbs and tubelights as well as surface and spot lights wall and track lights and strip lights and lighting chains. In addition the company offers telephone and co-axial wires compact fluorescent lamps slim panel lights immersion heaters distribution boards and other electrical accessories such as switch socket MCB bell and all other electrical accessories. The company markets its products under the VETO and VIMAL POWER brand names through a network of dealers and distributors. Veto Switchgears and Cables Limited was founded in 1967 and is based in Jaipur India.

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VETO | NSE

Risk
58.5
Sharpe
-0.01
Luna's Score
54/100
Recommendation
Hold

Luna says (VETO | NSE)

What's Working

Strength based on increasing price with high volume

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

What's not Working

Microcap (<300M USD)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

28.9%

1 month

58.5%

3 months

39.6%

6 months

33.3%

Returns

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Fundamental Ratios

PE

14.75

Fwd. PE

-

Price to book

1.08

Debt to equity

0.09

Debt to assets

0.07

Ent. to EBITDA

7.93

Ent. to rev.

0.94

PEG

-

Other Fundamentals

EBITDA

351.75M

MarketCap

2.08B

MarketCap(USD)

22.51M

Div. yield

0.72

Op. margin

11.18

Erngs. growth

-0.40

Rev. growth

-8.50

Ret. on equity

7.51

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

14.49

Range1M

26.69

Range3M

29.68

Volumes: Market Activity

Volume Averages

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Rel. volume

1.90

Price X volume

10.72M

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  • 1

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UNICOMMERCE ESOLUTIONS LIMITEDUNIECOMIN101.780-0.27%n/a
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA7.9329.24Cheaper
Ent. to Revenue0.943.76Cheaper
PE Ratio14.7552.56Cheaper
Price to Book1.087.72Cheaper
Dividend Yield0.720.48Leader
Std. Deviation (3M)39.5648.49Par
Debt to Equity0.090.28Cheaper
Debt to Assets0.070.14Cheaper
Market Cap2.08B179.89BEmerging
  • 1

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