Varroc Engineering Q3 FY24 Results Live : Revenue increased by 9.78% YoY & profit increased by 1773.7% YoY
1 min read10 Feb 2024The 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 2020Varroc's quarterly performance does not justify its expensive valuation of 29 times its one-year forward earnings estimate
1 min read7 Sep 2018Surprisingly, 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 2018Shares 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 2018The 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 2018The 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 2018The 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 2018Varroc Engineering has raised Rs584 crore from anchor investors as its IPO opens on Tuesday for public subscription
1 min read26 Jun 2018The 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 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared