Varroc News

Companies

Varroc Engineering Q3 FY24 Results Live : profit rise by 1773.7% YOY

Varroc Engineering Q3 FY24 Results Live : Revenue increased by 9.78% YoY & profit increased by 1773.7% YoY

1 min read10 Feb 2024
Auto News

Fire at Varroc’s Pune plant may put supplies to key automakers on the line

The plant is used to manufacture headlamps and tail lamps for passenger and commercial vehiclesThe facility housed a design and research and development (R&D) unit

3 min read21 Feb 2020
Market

Lights dim at Varroc as Street unimpressed

Varroc's quarterly performance does not justify its expensive valuation of 29 times its one-year forward earnings estimate

1 min read7 Sep 2018
Auto

Auto component firms are riding the car sales wave with more capex

Surprisingly, the noise about a shift away from the internal combustion engine platform to electric vehicles has not deterred investments in the former

1 min read12 Jul 2018
Market

Varroc Engineering posts strong gains, gets over 7% premium on stock-market debut

Shares of Varroc Engineering closed at 1,037.35 each on the National Stock Exchange, up 7.28% from its issue price of 967

2 min read6 Jul 2018
Market

Varroc IPO subscribed over 3.5 times on last day of issue

The portion of shares reserved for institutional investors in the Varroc Engineering IPO was subscribed 9.16 times, while those reserved for retail investors and HNI were subscribed 94% and 2.45 times, respectively

1 min read28 Jun 2018
Market

Varroc Engineering IPO subscribed fully on Day 2

The portion of shares reserved for institutional investors in the Varroc Engineering IPO was subscribed 3.17 times, while those reserved for retail investors, HNIs were subscribed 22% and 4% respectively

1 min read27 Jun 2018
Market

Varroc Engineering IPO receives over 30% subscription on Day 1

The portion of shares reserved for institutional investors in the Varroc Engineering IPO was subscribed 104%, while those reserved for retail investors and HNIs were subscribed 10% and 1%, respectively

2 min read26 Jun 2018
Market

Varroc Engineering raises Rs584 crore from anchor investors as IPO opens

Varroc Engineering has raised Rs584 crore from anchor investors as its IPO opens on Tuesday for public subscription

1 min read26 Jun 2018
Market

Varroc IPO opens, high valuations promise a roller-coaster ride

The Varroc Engineering IPO, which opens for retail subscription today, has a price band of 965-967 per share, implying an expensive price-to-earnings ratio of 29 times its FY18 earnings

2 min read26 Jun 2018
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