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Varroc Engineering Ltd.
Share Price Target & Analysis

NSE:VARROC

507.87

VWAP

501.65

Open

506.7

Close

513.3

High

501.65

Low

716.9

52 Week High

506.65 ⇩
-0.05 (-0.01%)

VARROC

(INDUSTRIAL MANUFACTURING)
25.9% Momentum

Turnaround Potential

433

52 Week Low

28.36

EPS

23.18

PE

8.5

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: VARROC Share Price Financial Analysis & Valuation

Varroc Engineering Ltd. (VARROC) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering - Heavy vertical. It is one of Small Cap company with Market Capitalization of Rs 6116.8 (in Cr). Total number of free float shares are 13.5 (in Lacs). Varroc Engineering Ltd. is listed on NSE with Exchange ID - INE665L01035 and trading code is NSE:VARROC with short name Varroc Engineer.

In the past 1 year, Varroc Engineering Ltd. has declared an equity dividend of Rs 0 per share. At the current share price of VARROC at Rs 506.65, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:VARROC, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine VARROC underlying value and future prospects. All of this data is available in VARROC financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:VARROC, it is clearly understood that VARROC is Standard performer in terms of earnings and profit margins with an EPS of 28.36. NSE:VARROC book value per share as of today is 59.59. The current price to book ratio for VARROC as of Nov 23, 2024 is 8.5.

Valuation of the Stock: The current valuation of VARROC stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of VARROC whether to BUY this stock at current valuation. The delivery percentage of VARROC is 28.73% is very crucial parameter which shows that 28.73% investors are anticipating that the price of VARROC share should go up with VWAP at 507.87.

Now, the main question is whether to BUY or SELL, NSE:VARROC at current valuation.
As per latest Analysis No. #1140:-

⇑ STRONG BUY VARROC if All Greens

⇗ BUY VARROC (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD VARROC (With Stop Loss) if only 1 Green

⇘ SELL VARROC if NO Green Indicator

NSE: VARROC Share Price Today (Nov 23, 2024)

(Varroc Engineering Ltd. Daily Analysis on the basis of VARROC Intraday Graph & Trend)

Varroc Engineering Ltd. share price moved Down by -0.01% from its previous close of Rs 506.7. VARROC stock last traded price is 506.65. VARROC share price trend is Down with a total of 124154 stocks traded till now. It has touched an intraday high of Rs 513.3 and an intraday low of Rs 501.65. The VARROC trading at 506.65, Down by Rs. -0.05, or -0.01 percent which suggests that most of the Traders are anticipating that the price of VARROC share should go Down.

NSE: VARROC Share Price Tomorrow Prediction

(Varroc Engineering Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of VARROC)

Varroc Engineering Ltd. share price moved Down by -0.01%. VARROC share price short term trend is Down. It suggests that VARROC Share Price for Tomorrow remains the same with VWAP at 507.87 will be treated as stop loss for intraday traders. Varroc Engineering Ltd. Long term investors can follow the VARROC long term trend as mentiond in future forecast table.

NSE Code

NSE: VARROC

VARROC Share Price Today

 506.65

VARROC Share Price Target Prediction for 2024 ^

 454 - 610.4

VARROC Share Price Target Prediction for 2025*^

 610.4 - 767.5

VARROC Share Price Target Prediction for 2026*^

 767.5 - 821.2

VARROC Share Price Target Prediction for 2027*^

 862

VARROC Share Price Target Prediction for 2028*^

 887

VARROC Share Price Target Prediction for 2030*^

 967
VARROC Current Book Value 2023
59.3

*Varroc Engineering Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^VARROC share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

VARROC Technical Analysis

Candlestick Pattern: @508

VARROC Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 520.88 SELL 516.97 SELL
MA_12 521.8 SELL 524.48 SELL
MA_20 526.77 SELL 530.54 SELL
MA_32 548.58 SELL 540.81 SELL
MA_50 554.84 SELL 549.62 SELL
MA_100 573.64 SELL 560.68 SELL
MA_200 562.52 SELL 549.23 SELL

VARROC Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 526.77 Downtrend
MACD -0.06 SELL
ADX 27.52 Strong Trend
DMI (+/-) 13.76 / 27.82 Downtrend

VARROC Momentum Oscillators

BUY (0) NEUTRAL (9) SELL (3)
Momentum Oscillators Value Action
RSI 40.06 Neutral
STOCHASTIC_K (Fast) 21.19 Neutral
STOCHASTIC_D (Slow) 37.45 Neutral
CCI -115.35 SELL
PSAR 550.8 SELL
TRUE RANGE 16.9 Neutral
ATR 20.66 Neutral
WILLIAMS R -75.49 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 25.9 Neutral
STOCHASTIC RSI D 41.97 Neutral
MOMENTUM -69.5 SELL

VARROC Last 1 Year Trend

Duration Value
1 Year 7.37%
3 Months -4.39%
1 Month -12.03%
1 Week -4.37%

VARROC Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 30%
SELL 67%

Most popular Questions & Answers about VARROC


Varroc Engineering Ltd. stock last traded price is 506.65. VARROC share price moved Down by -0.01% from its previous close of Rs 506.7.

Varroc Engineering Ltd. share price trend is Down with a total of 124154 stocks traded till now. It has touched an intraday high of Rs 724.069 and an intraday low of Rs 501.65. The VARROC trading at 506.65, Down by Rs. -0.05, or -0.01 percent which suggests that most of the Traders are anticipating that the price of VARROC share should go Down and the Stop Loss will be around 507.87.

The market cap of Varroc Engineering Ltd. is ₹6116.8 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Varroc Engineering Ltd. as of Nov 22, 2024 is 23.18.

The current price to book ratio for Varroc Engineering Ltd. as of Nov 22, 2024 is 8.5.

The highest price of Varroc Engineering Ltd. stock is ₹716.9 in the last 52-week.

The lowest price of Varroc Engineering Ltd. stock is ₹433 in the last 52-week.

Varroc Engineering Ltd. share trading at ₹506.65, Down by Rs. -0.05, or -0.01 percent which suggests that most of the traders are anticipating that the price of VARROC share should go Down.

In 2023, Stock price target for Varroc Engineering Ltd. (VARROC) are ₹454 on downside and ₹610.4 on upside. Varroc Engineering Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Varroc Engineering Ltd. (VARROC) are ₹610.4 on downside and ₹767.5 on upside. Varroc Engineering Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Varroc Engineering Ltd. (VARROC) are ₹767.5 on downside and ₹821.2 on upside. Varroc Engineering Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Varroc Engineering Ltd. (VARROC) will be around ₹887 Varroc Engineering Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of VARROC.

The price of Varroc Engineering Ltd. (VARROC) shares moved by -0.01%. The short-term trend for VARROC share price is Down. It implies that the share price of VARROC will stay the same tomorrow and that intraday traders should treat VWAP at 507.87 as a stop loss. Investors with a long-term outlook can track VARROC long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of VARROC stock is 340. Compared to the current market price of 506.65 INR, the VARROC stock is Overvalued by 32.9%.

As per the fundamental analysis of Varroc Engineering Ltd. (VARROC), it is of Standard quality in terms of earnings and profit margins with an EPS of 28.36. Varroc Engineering Ltd. book value per share as of today is 59.59. The current price to book ratio for VARROC as of Nov 23, 2024 is 8.5.


NSE:VARROC News & Other Useful Information about VARROC Share Price


Peer Comparison of NSE: VARROC

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engineering - Heavy

Company Price EPS BV
PRAJIND 779.20 16.15 68.61
GMMPFAUDLR 1204.35 7.51 167.09
VARROC 506.65 28.36 59.59
ISGEC 1288.40 39.01 293.03
IRCON 187.56 9.03 61.37
GRSE 1375.30 33.59 146.09
ACE 1225.15 30.63 102.43
ELECON 560.95 12.72 60.05
KABRAEXTRU 468.85 10.21 128.78
TDPOWERSYS 450.05 8.72 44.89
Updated at: 22 Nov 2024 15:40

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