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Varroc Engineering Ltd.
Share Price Target & Analysis

NSE:VARROC

538.38

VWAP

533.00

Open

519.45

Close

551.50

High

516.05

Low

632.00

52 Week High

547.05 ⇧
27.60 (5.31%)

VARROC

(INDUSTRIAL MANUFACTURING)
75% Momentum

Sideways to Positive

292.05

52 Week Low

17.35

EPS

28.55

PE

15.08

PB

Economical
Quality

Gold
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 547.05, 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 Economical performer in terms of earnings and profit margins with an EPS of 17.35. NSE:VARROC book value per share as of today is 36.28. The current price to book ratio for VARROC as of May 15, 2024 is 15.08.

Valuation of the Stock: The current valuation of VARROC stock is like Gold which means currently the stock is Overpriced. 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 42.89% is very crucial parameter which shows that 42.89% investors are anticipating that the price of VARROC share should go up with VWAP at 538.38.

Now, the main question is whether to BUY or SELL, NSE:VARROC at current valuation.
As per latest Analysis No. #922:-

⇑ 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 (May 15, 2024)

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

Varroc Engineering Ltd. share price moved Up by 5.31% from its previous close of Rs 519.45. VARROC stock last traded price is 547.05. VARROC share price trend is Up with a total of 687575 stocks traded till now. It has touched an intraday high of Rs 551.50 and an intraday low of Rs 516.05. The VARROC trading at 547.05, Up by Rs. 27.60, or 5.31 percent which suggests that most of the Traders are anticipating that the price of VARROC share should go Up.

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 Up by 5.31%. VARROC share price short term trend is Up. It suggests that VARROC Share Price for Tomorrow remains the same with VWAP at 538.38 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

 547.05

VARROC Share Price Target Prediction for 2024 ^

 444.7 - 635.1

VARROC Share Price Target Prediction for 2025*^

 635.1 - 676.6

VARROC Share Price Target Prediction for 2026*^

 676.6 - 724

VARROC Share Price Target Prediction for 2027*^

 760

VARROC Share Price Target Prediction for 2028*^

 782

VARROC Share Price Target Prediction for 2030*^

 852
VARROC Current Book Value 2023
36.1

*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: @531.8

VARROC Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 519.02 BUY 520.47 BUY
MA_12 516.77 BUY 518.19 BUY
MA_20 523.68 BUY 517.05 BUY
MA_32 507.81 BUY 516.03 BUY
MA_50 508.45 BUY 516.49 BUY
MA_100 527.07 BUY 513.41 BUY
MA_200 483.4 BUY 478.64 BUY

VARROC Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 523.68 Uptrend
MACD -0.03 SELL
ADX 14.14 NO or Weak Trend
DMI (+/-) 24.25 / 18.53 Uptrend

VARROC Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 57.38 Neutral
STOCHASTIC_K (Fast) 75.23 Neutral
STOCHASTIC_D (Slow) 58.26 Neutral
CCI 58.37 Neutral
PSAR 542.09 SELL
TRUE RANGE 23 Neutral
ATR 18.66 Neutral
WILLIAMS R -26.46 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 59.6 Neutral
MOMENTUM 25.25 BUY

VARROC Last 1 Year Trend

Duration Value
1 Year 88.88%
3 Months -2.1%
1 Month 4.98%
1 Week 4.47%

VARROC Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 33%
SELL 7%

Most popular Questions & Answers about VARROC


Varroc Engineering Ltd. stock last traded price is 547.05. VARROC share price moved Up by 5.31% from its previous close of Rs 519.45.

Varroc Engineering Ltd. share price trend is Up with a total of 687575 stocks traded till now. It has touched an intraday high of Rs 638.32 and an intraday low of Rs 516.05. The VARROC trading at 547.05, Up by Rs. 27.60, or 5.31 percent which suggests that most of the Traders are anticipating that the price of VARROC share should go Up and the Stop Loss will be around 538.38.

The market cap of Varroc Engineering Ltd. is ₹6116.8 (in Cr) as of May 14, 2024.

The current price to earning ratio for Varroc Engineering Ltd. as of May 14, 2024 is 28.55.

The current price to book ratio for Varroc Engineering Ltd. as of May 14, 2024 is 15.08.

The highest price of Varroc Engineering Ltd. stock is ₹632.00 in the last 52-week.

The lowest price of Varroc Engineering Ltd. stock is ₹292.05 in the last 52-week.

Varroc Engineering Ltd. share trading at ₹547.05, Up by Rs. 27.60, or 5.31 percent which suggests that most of the traders are anticipating that the price of VARROC share should go Up.

In 2023, Stock price target for Varroc Engineering Ltd. (VARROC) are ₹444.7 on downside and ₹635.1 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 ₹635.1 on downside and ₹676.6 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 ₹676.6 on downside and ₹724 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 ₹782 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.

As per the fundamental analysis of Varroc Engineering Ltd. (VARROC), it is of Economical quality in terms of earnings and profit margins with an EPS of 17.35. Varroc Engineering Ltd. book value per share as of today is 36.28. The current price to book ratio for VARROC as of May 15, 2024 is 15.08.


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 522.95 15.35 58
GMMPFAUDLR 1382.55 17.29 156.74
VARROC 547.05 17.35 36.28
ISGEC 1009.60 30.33 264.62
IRCON 242.75 8.78 55.06
GRSE 979.45 26.27 123.42
ACE 1392.80 23.64 76.35
ELECON 1097.75 27.02 120.1
KABRAEXTRU 378.60 9.06 110.03
TDPOWERSYS 329.40 7.63 38.03
Updated at: 15 May 2024 15:40

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