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Veto Switchgears And Cables Limited
Share Price Target & Analysis

NSE:VETO

128.49

VWAP

129.20

Open

127.95

Close

129.75

High

126.35

Low

156.40

52 Week High

127.90 ⇩
-0.05 (-0.04%)

VETO

(CONSUMER GOODS)
66.5% Momentum

Sideways to Positive

71.45

52 Week Low

11.95

EPS

333.77

PE

1.16

PB

Standard
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 127.90, 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 Standard performer in terms of earnings and profit margins with an EPS of 11.95. NSE:VETO book value per share as of today is 110.17. The current price to book ratio for VETO as of May 16, 2024 is 1.16.

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 44.86% is very crucial parameter which shows that 44.86% investors are anticipating that the price of VETO share should go up with VWAP at 128.49.

Now, the main question is whether to BUY or SELL, NSE:VETO at current valuation.
As per latest Analysis No. #1335:-

⇑ 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 (May 16, 2024)

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

Veto Switchgears And Cables Limited share price moved Down by -0.04% from its previous close of Rs 127.95. VETO stock last traded price is 127.90. VETO share price trend is Down with a total of 57346 stocks traded till now. It has touched an intraday high of Rs 129.75 and an intraday low of Rs 126.35. The VETO trading at 127.90, Down by Rs. -0.05, or -0.04 percent which suggests that most of the Traders are anticipating that the price of VETO share should go Down.

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 Down by -0.04%. VETO share price short term trend is Down. It suggests that VETO Share Price for Tomorrow remains the same with VWAP at 128.49 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

 127.90

VETO Share Price Target Prediction for 2024 ^

 109.7 - 157.2

VETO Share Price Target Prediction for 2025*^

 157.2 - 167.4

VETO Share Price Target Prediction for 2026*^

 167.4 - 179.1

VETO Share Price Target Prediction for 2027*^

 188

VETO Share Price Target Prediction for 2028*^

 193

VETO Share Price Target Prediction for 2030*^

 211
VETO Current Book Value 2023
109.6

*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: @127.9

VETO Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 125.83 BUY 127.09 BUY
MA_12 128.38 SELL 128.2 SELL
MA_20 130.52 SELL 128.83 SELL
MA_32 129.63 SELL 129.36 SELL
MA_50 129.21 SELL 129.44 SELL
MA_100 130.32 SELL 128.51 SELL
MA_200 125.88 BUY 123.67 BUY

VETO Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 130.52 Downtrend
MACD -0.51 SELL
ADX 11.53 NO or Weak Trend
DMI (+/-) 14.84 / 15.65 Downtrend

VETO Momentum Oscillators

BUY (3) NEUTRAL (8) SELL (1)
Momentum Oscillators Value Action
RSI 48.05 Neutral
STOCHASTIC_K (Fast) 65.55 Neutral
STOCHASTIC_D (Slow) 53.55 Neutral
CCI -35.96 Neutral
PSAR 136.03 SELL
TRUE RANGE 3.4 Neutral
ATR 5.97 Neutral
WILLIAMS R -62.68 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 99.14 Overbought
STOCHASTIC RSI D 83.68 Overbought
MOMENTUM 1.4 BUY

VETO Last 1 Year Trend

Duration Value
1 Year 34.84%
3 Months -0.89%
1 Month 1.11%
1 Week -0.62%

VETO Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 23%
NEUTRAL / HOLD 30%
SELL 47%

Most popular Questions & Answers about VETO


Veto Switchgears And Cables Limited stock last traded price is 127.90. VETO share price moved Down by -0.04% from its previous close of Rs 127.95.

Veto Switchgears And Cables Limited share price trend is Down with a total of 57346 stocks traded till now. It has touched an intraday high of Rs 157.964 and an intraday low of Rs 126.35. The VETO trading at 127.90, Down by Rs. -0.05, or -0.04 percent which suggests that most of the Traders are anticipating that the price of VETO share should go Down and the Stop Loss will be around 128.49.

The market cap of Veto Switchgears And Cables Limited is ₹209.6 (in Cr) as of May 15, 2024.

The current price to earning ratio for Veto Switchgears And Cables Limited as of May 15, 2024 is 333.77.

The current price to book ratio for Veto Switchgears And Cables Limited as of May 15, 2024 is 1.16.

The highest price of Veto Switchgears And Cables Limited stock is ₹156.40 in the last 52-week.

The lowest price of Veto Switchgears And Cables Limited stock is ₹71.45 in the last 52-week.

Veto Switchgears And Cables Limited share trading at ₹127.90, Down by Rs. -0.05, or -0.04 percent which suggests that most of the traders are anticipating that the price of VETO share should go Down.

In 2023, Stock price target for Veto Switchgears And Cables Limited (VETO) are ₹109.7 on downside and ₹157.2 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 ₹157.2 on downside and ₹167.4 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 ₹167.4 on downside and ₹179.1 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 ₹193 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.

As per the fundamental analysis of Veto Switchgears And Cables Limited (VETO), it is of Standard quality in terms of earnings and profit margins with an EPS of 11.95. Veto Switchgears And Cables Limited book value per share as of today is 110.17. The current price to book ratio for VETO as of May 16, 2024 is 1.16.


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 1754.15 20.32 105.51
CGPOWER 641.50 6.58 15.91
POWERINDIA 10745.65 23.81 286.75
VGUARD 366.85 4.56 36.56
TRITURBINE 584.65 5.91 19.66
APARINDS 8114.00 204.05 513.19
HBLPOWER 524.30 8.23 34.48
IGARASHI 519.85 3.83 139.65
HONDAPOWER 2812.90 81.06 726.35
BBL 3457.60 97.11 1302.04
Updated at: 15 May 2024 15:52

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