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Veto Switchgears and Cables Limited

VETO | NSE

101.00

INR

0.50

0.50%

VETO | NSE

About Veto Switchgears and Cables Limited

Sector

Industrials

Industry

Electrical Equipment & Parts

Earnings date

31/03/2024

As of date

05/03/2026

Close

101.00

Open

100.56

High

102.38

Low

100.22

Veto Switchgears and Cables Limited together with its subsidiaries engages in the manufacture and sale of wires and cables and electrical accessories in India and internationally. It operates through Wire and Cables Lighting & Fittings and Accessories & Others segments. The company offers electrical accessories including vyoma carino and power modular switches as well as PUF and ZAC switches; and MCBs/isolators/distribution boxes and bells and extension cords. It also provides wires and cables such as multi strand L.T. industrial and copper flexible cables; ceiling ventilation and fresh air fans as well as submersible pumps; and LED panels street lights flood lights concealed lights deep lights bulbs and tubelights as well as surface and spot lights wall and track lights and strip lights and lighting chains. In addition the company offers telephone and co-axial wires compact fluorescent lamps slim panel lights immersion heaters distribution boards and other electrical accessories such as switch socket MCB bell and all other electrical accessories. The company markets its products under the VETO and VIMAL POWER brand names through a network of dealers and distributors. Veto Switchgears and Cables Limited was founded in 1967 and is based in Jaipur India.

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VETO | NSE

Risk
26.2
Sharpe
-0.19
Luna's Score
52/100
Recommendation
Hold

Luna says (VETO | NSE)

What's Working

Low 6-Month Volatility (<30%)

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

What's not Working

Price Below SMA10D

Microcap (<300M USD)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

20.6%

1 month

26.2%

3 months

26.4%

6 months

30.0%

Returns

Fundamental Ratios

PE

14.75

Fwd. PE

-

Price to book

1.08

Debt to equity

0.09

Debt to assets

0.07

Ent. to EBITDA

7.93

Ent. to rev.

0.94

PEG

-

Other Fundamentals

EBITDA

351.75M

MarketCap

1.96B

MarketCap(USD)

21.28M

Div. yield

0.72

Op. margin

11.18

Erngs. growth

-0.40

Rev. growth

-8.50

Ret. on equity

7.51

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

8.44

Range1M

12.00

Range3M

19.99

Volumes: Market Activity

Rel. volume

0.35

Price X volume

1.59M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA7.9329.24Cheaper
Ent. to Revenue0.943.76Cheaper
PE Ratio14.7552.56Cheaper
Price to Book1.087.72Cheaper
Dividend Yield0.720.48Leader
Std. Deviation (3M)26.4548.49Lower Risk
Debt to Equity0.090.28Cheaper
Debt to Assets0.070.14Cheaper
Market Cap1.96B179.89BEmerging
  • 1

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