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Veto Switchgears And Cables Limited
Share Price Target & Analysis

NSE:VETO

127.77

VWAP

127.59

Open

125.66

Close

129.33

High

125.07

Low

196

52 Week High

127.93 ⇧
2.27 (1.81%)

VETO

(CONSUMER GOODS)
24.3% Momentum

Turnaround Potential

106.05

52 Week Low

16.35

EPS

236.32

PE

1.02

PB

Deluxe
Quality

Steel
Valuation

#Analysis

NSE: VETO Share Price Financial Analysis & Valuation

Veto Switchgears And Cables Limited (VETO) is broadly categorized in CONSUMER GOODS segment industry which deals in Electric Equipment vertical. It is one of Micro Cap company with Market Capitalization of Rs 209.6 (in Cr). Total number of free float shares are 1.8 (in Lacs). Veto Switchgears And Cables Limited is listed on NSE with Exchange ID - INE918N01018 and trading code is NSE:VETO with short name Veto Switch.

In the past 1 year, Veto Switchgears And Cables Limited has declared an equity dividend of Rs 1 per share. At the current share price of VETO at Rs 127.93, this results in a dividend yield of 0.78 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:VETO, it is clearly understood that VETO is Deluxe performer in terms of earnings and profit margins with an EPS of 16.35. NSE:VETO book value per share as of today is 125.14. The current price to book ratio for VETO as of Nov 23, 2024 is 1.02.

Valuation of the Stock: The current valuation of VETO stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of VETO whether to BUY this stock at current valuation. The delivery percentage of VETO is 28.58% is very crucial parameter which shows that 28.58% investors are anticipating that the price of VETO share should go up with VWAP at 127.77.

Now, the main question is whether to BUY or SELL, NSE:VETO at current valuation.
As per latest Analysis No. #2208:-

⇑ STRONG BUY VETO if All Greens

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

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

⇘ SELL VETO if NO Green Indicator

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

(Veto Switchgears And Cables Limited Daily Analysis on the basis of VETO Intraday Graph & Trend)

Veto Switchgears And Cables Limited share price moved Up by 1.81% from its previous close of Rs 125.66. VETO stock last traded price is 127.93. VETO share price trend is Up with a total of 11663 stocks traded till now. It has touched an intraday high of Rs 129.33 and an intraday low of Rs 125.07. The VETO trading at 127.93, Up by Rs. 2.27, or 1.81 percent which suggests that most of the Traders are anticipating that the price of VETO share should go Up.

NSE: VETO Share Price Tomorrow Prediction

(Veto Switchgears And Cables Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of VETO)

Veto Switchgears And Cables Limited share price moved Up by 1.81%. VETO share price short term trend is Up. It suggests that VETO Share Price for Tomorrow remains the same with VWAP at 127.77 will be treated as stop loss for intraday traders. Veto Switchgears And Cables Limited Long term investors can follow the VETO long term trend as mentiond in future forecast table.

NSE Code

NSE: VETO

VETO Share Price Today

 127.93

VETO Share Price Target Prediction for 2024 ^

 111.2 - 160.4

VETO Share Price Target Prediction for 2025*^

 160.4 - 209.8

VETO Share Price Target Prediction for 2026*^

 209.8 - 224.5

VETO Share Price Target Prediction for 2027*^

 236

VETO Share Price Target Prediction for 2028*^

 243

VETO Share Price Target Prediction for 2030*^

 264
VETO Current Book Value 2023
124.5

*Veto Switchgears And Cables Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^VETO 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.

VETO Technical Analysis

Candlestick Pattern: @128.12

VETO Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 134.22 SELL 132.7 SELL
MA_12 135.39 SELL 134.78 SELL
MA_20 134.56 SELL 136.14 SELL
MA_32 137.67 SELL 139.53 SELL
MA_50 145.01 SELL 142.53 SELL
MA_100 153.53 SELL 144.71 SELL
MA_200 140.11 SELL 140.05 SELL

VETO Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 134.56 Downtrend
MACD 0.21 BUY
ADX 25.31 Strong Trend
DMI (+/-) 13.55 / 25.43 Downtrend

VETO Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 35.91 Neutral
STOCHASTIC_K (Fast) 11.19 Oversold
STOCHASTIC_D (Slow) 26.12 Neutral
CCI -145.15 SELL
PSAR 141.5 SELL
TRUE RANGE 9.4 Neutral
ATR 6.47 Neutral
WILLIAMS R -84.4 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 7.61 Oversold
MOMENTUM -15.16 SELL

VETO Last 1 Year Trend

Duration Value
1 Year 8.16%
3 Months -20.83%
1 Month -10.58%
1 Week -6.32%

VETO Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 17%
SELL 77%

Most popular Questions & Answers about VETO


Veto Switchgears And Cables Limited stock last traded price is 127.93. VETO share price moved Up by 1.81% from its previous close of Rs 125.66.

Veto Switchgears And Cables Limited share price trend is Up with a total of 11663 stocks traded till now. It has touched an intraday high of Rs 197.96 and an intraday low of Rs 125.07. The VETO trading at 127.93, Up by Rs. 2.27, or 1.81 percent which suggests that most of the Traders are anticipating that the price of VETO share should go Up and the Stop Loss will be around 127.77.

The market cap of Veto Switchgears And Cables Limited is ₹209.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Veto Switchgears And Cables Limited as of Nov 22, 2024 is 236.32.

The current price to book ratio for Veto Switchgears And Cables Limited as of Nov 22, 2024 is 1.02.

The highest price of Veto Switchgears And Cables Limited stock is ₹196 in the last 52-week.

The lowest price of Veto Switchgears And Cables Limited stock is ₹106.05 in the last 52-week.

Veto Switchgears And Cables Limited share trading at ₹127.93, Up by Rs. 2.27, or 1.81 percent which suggests that most of the traders are anticipating that the price of VETO share should go Up.

In 2023, Stock price target for Veto Switchgears And Cables Limited (VETO) are ₹111.2 on downside and ₹160.4 on upside. Veto Switchgears And Cables Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Veto Switchgears And Cables Limited (VETO) are ₹160.4 on downside and ₹209.8 on upside. Veto Switchgears And Cables Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Veto Switchgears And Cables Limited (VETO) are ₹209.8 on downside and ₹224.5 on upside. Veto Switchgears And Cables Limited 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 Veto Switchgears And Cables Limited (VETO) will be around ₹243 Veto Switchgears And Cables Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of VETO.

The price of Veto Switchgears And Cables Limited (VETO) shares moved by 1.81%. The short-term trend for VETO share price is Up. It implies that the share price of VETO will stay the same tomorrow and that intraday traders should treat VWAP at 127.77 as a stop loss. Investors with a long-term outlook can track VETO long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of VETO stock is 196. Compared to the current market price of 127.93 INR, the VETO stock is Undervalued by 34.7%.

As per the fundamental analysis of Veto Switchgears And Cables Limited (VETO), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 16.35. Veto Switchgears And Cables Limited book value per share as of today is 125.14. The current price to book ratio for VETO as of Nov 23, 2024 is 1.02.


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


Peer Comparison of NSE: VETO

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

Sector: Electric Equipment

Company Price EPS BV
HAVELLS 1669.95 22.66 118.65
CGPOWER 730.05 5.97 21.23
POWERINDIA 11513.05 47.03 320.86
VGUARD 412.45 5.97 40.61
TRITURBINE 683.80 8.7 24.05
APARINDS 9305.40 203.54 920.06
HBLPOWER 560.55 10.88 43.48
IGARASHI 730.35 7.19 142.01
HONDAPOWER 2982.15 67.84 800.66
BBL 3722.65 107 1302.04
Updated at: 22 Nov 2024 15:46

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