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Investor Presentation
Q3 FY21
Veto Switchgears & Cables Ltd (VETO) is currently trading at 97.60 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Veto Switchgears and Cables Limited is a leading manufacturer of electrical accessories, including switches, wires, and cables, based in India. The company operates manufacturing units in Haridwar, Mumbai, and a SEZ in Jaipur, focusing on both domestic and export markets. Veto has expanded its international presence with a Dubai-based subsidiary, enhancing its distribution footprint. It has a diverse product portfolio under 'VETO', 'VIMAL POWER', and Vyoma brands, catering to various consumer and industrial segments. The acquisition of a significant stake in Vankon Modular Private Limited demonstrates strategic intent in expanding its modular switch business.
Over the past 52 weeks, Veto Switchgears & Cables Ltd has traded between a low of ₹92.50 and a high of ₹141.90. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Veto Switchgears & Cables Ltd has a market capitalization of approximately 194.30. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Veto Switchgears & Cables Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 9.23 and operates in the Capital Goods - Electrical Equipment sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
You can buy shares of Veto Switchgears & Cables Ltd (VETO) through any SEBI-registered stockbroker in India. A demat and trading account are required to place buy or sell orders on stock exchanges such as NSE or BSE. Shares are credited to the demat account as per the exchange settlement cycle.
Based on its market capitalization of 194.30 Cr, Veto Switchgears & Cables Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Veto Switchgears & Cables Ltd operates in the Capital Goods - Electrical Equipment sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Veto Switchgears & Cables Ltd is 9.23. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Veto Switchgears & Cables Ltd pays dividends with a current dividend yield of 0.98%. Dividend-paying stocks may provide periodic income in addition to potential long-term capital appreciation.
Key risks associated with Veto Switchgears & Cables Ltd include sector-specific challenges in the Capital Goods - Electrical Equipment industry, regulatory changes, competitive pressures, company-level financial performance, overall market volatility, and broader macroeconomic factors that can impact stock prices.
Bearish
3
Neutral
3
Bullish
8
Bearish
35
Neutral
3
Bullish
8
Bearish
32
Neutral
0
Bullish
0
Capital Goods - Electrical Equipment
Electric Equipment - General - Medium / Small
194 Cr
Low Risk
9.2
20.2
0.4
0.7
141.90
92.50
Sales CAGR
1Y
0.10%
3Y
7.55%
5Y
12.35%
10Y
7.56%
Profit CAGR
1Y
20.82%
3Y
-1.64%
5Y
14.25%
10Y
12.17%
ROE
TTM
7.62%
3Y
8.06%
5Y
8.23%
10Y
9.63%
ROCE
TTM
10.16%
3Y
12.75%
5Y
12.96%
10Y
14.79%

Market Cap
₹ 194 Cr
P/E
9.23
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Performance
STEADY PERFORMER
Valuation
UNDERVALUED
Growth
SLUGGISH
Profitability
MODERATE MARGIN
Technicals
Bearish
Risk
LOW RISK