Sharekhan

Veto Switchgears and Cables Ltd

Fri 20/06/2025,15:49:22 | NSE : VETO

₹ 122.851.98 (1.64%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 122.00

Previous Close

₹ 120.87

Volume

45541

Mkt Cap ( Rs. Cr)

₹234.83

High

₹ 124.89

Low

₹ 120.60

52 Week High

₹ 196.00

52 Week Low

₹ 92.60

Book Value Per Share

₹ 134.49

Dividend Yield

0.81

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Veto Switchgears and Cables Ltd

Your Vote -

Buy

63.04%

Hold

23.91%

Sell

13.04%

63.04%

46 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

31%

Sell Order Quantity

69%

Bid Price

Qty

122.00

100

122.00

250

121.00

250

120.00

50

0.00

4

Bid Total

2226

Bid Price

Qty

122.85

99

125.00

200

126.00

5

127.00

8

0.00

110

Bid Total

4896

Option Chain

Analyzes market sentiment, predicts Veto Switchgears and Cables Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Veto Switchgears & C - Copy of Newspaper Publication

    30 May 2025, 4:07PM Veto Switchgears And Cables Limited has informed the Exchange about Copy of Newspaper Publication
  • Veto Switchgears & C - Outcome of Board Meeting

    28 May 2025, 7:48PM Veto Switchgears And Cables Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
  • Veto Switchgears & C Q4 net profit down 54.10% at Rs 7.95 cr

    28 May 2025, 7:44PM The company reported standalone net profit of Rs 7.95 crore for the quarter ended March 31, 2025 as compared to Rs 17.32 crore in the same period last
  • Veto Switchgears & C - Outcome Of The Board Meeting Regarding The Financial Year\r\nEnded 31St March 2025

    28 May 2025, 7:39PM Pursuant to the provisions of regulation 30 and regulation 33 of SEBI (LORD) Regulations, 2015 read with corresponding circulars and notifications iss
  • Veto Switchgears & C - Disclosure under SEBI Takeover Regulations

    26 May 2025, 8:03PM Veto Switchgears And Cables Limited?has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of
  • Veto Switchgears & C - Board Meeting Intimation

    23 May 2025, 2:11PM VETO SWITCHGEARS AND CABLES LIMITED has informed the Exchange about Board Meeting to be held on 28-May-2025 to consider and approve the Yearly Audited
  • Veto Switchgears & C - Board Meeting Intimation for Intimation Of Board Meeting To Consider Standalone & Consolidated Audited

    23 May 2025, 2:04PM Veto Switchgears And Cables Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2025 ,inter alia, to c
  • Veto Switchgears & C - Statement of deviation(s) or variation(s) under Reg. 32

    16 Apr 2025, 4:45PM Veto Switchgears And Cables Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
  • Veto Switchgears & C - Statement Of Deviation Or Variation As Per Regulation 32(1) Of SEBI (Listing Obligations And Disclosur

    16 Apr 2025, 4:59PM Please find enclosed herewith Statement of Deviation or Variation as per Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Re
  • Veto Switchgears & C has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    9 Apr 2025, 6:20PM As of March 2025, 45.06% is owned by Promoters and 54.94% by Public. <p align=justify> Among Promoters holding, Indian Promoters holds 41.22% and Fore
  • Veto Switchgears & C - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    8 Apr 2025, 4:31PM Veto Switchgears And Cables Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Veto Switchgears & C - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    8 Apr 2025, 4:26PM Please find enclosed herewith the confirmation certificate received from M/s. Bigshare Services Private Limited, Registrar and Share Transfer Agent(RT
  • Veto Switchgears & C - Trading Window-XBRL

    28 Mar 2025, 6:22PM VETO Switchgears and Cables Limited has informed the Exchange about Closure of Trading Window
  • Veto Switchgears & C - Trading Window

    28 Mar 2025, 5:57PM Veto Switchgears And Cables Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) R

Key fundamentals

Evaluate the intrinsic value of Veto Switchgears and Cables Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 275.2717 251.8265 237.8597 226.631 202.719
Liabilities 275.2717 251.8265 237.8597 226.631 202.719
Equity 19.115 19.115 19.115 19.115 19.1149
Gross Profit 24.8892 24.345 24.3335 26.2602 23.176
Net Profit 21.5241 30.478 22.8479 22.6202 16.1194
Cash From Operating Activities 15.8826 4.7927 5.0897 0.9436 3.4766
NPM(%) 9.96 14.54 11.65 13.02 10.55
Revenue 216.0416 209.5545 196.0647 173.6584 152.6562
Expenses 191.1524 185.2095 171.7312 147.3982 129.4802
ROE(%) 8.37 11.85 8.88 8.79 6.27

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
1 10 0.81 109.69
20 Sep 2024 1 10 0.81 126.5
20 Sep 2022 1 10 0.81 90.2
21 Sep 2021 1 10 0.81 129.9
25 Sep 2018 2 20 0.81 210.35
25 Sep 2017 1 10 0.81 167.8
22 Feb 2017 1 10 0.81 134.75
22 Sep 2016 1.5 15 0.81 115.65
28 Jan 2016 0.5 5 0.81 107.85

Peers

Other companies within the same industry or sector that are comparable to Veto Switchgears and Cables Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Paramount Communications Ltd 54.25 3.27 19.04 3741.35 142.56 0.00
CMI Ltd 3.21 -1.53 0.00 197.66 -51.95 0.00
V-Marc India Ltd 293.85 2.89 21.93 280.95 147.80 0.00
Birla Cable Ltd 183.35 -1.19 112.48 369.90 16.30 0.00

Company Info

Our Company was originally incorporated as a partnership firm on June 26, 2003 under the name and style "Veto Industries". On April 1, 2007 the name of the firm was changed to "Veto Switchgears and Cables". Subsequently, on June 20, 2007, the partnership firm was converted in to the private limited company under the name and style "Veto Switchgears and Cables Private Limited" under part IX of the Companies Act, 1956. The name of our Company was further changed to the present name, pursuant to which a fresh certificate of incorporation dated August 3, 2012 was issued by Registrar of Companies, Maharashtra, Mumbai. We are part of Jaipur, Rajasthan based Gurnani Group which has interests in wires & cables, electrical accessories, real estate and hotels. Our Company is promoted by M/s Veto Electropowers (India) Private Limited, which is a subsidiary of Gurnani Holding Private Limited, which in turn is owned by Mr. Vishnu Kumar Gurnani, Mr. Mohan Das Gurnani and Mr. Narayan Das Gurnani. We are an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables and electrical accessories in India. Our product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories. Our products are manufactured at our state-of-art manufacturing unit located in Hardwar, Uttarakhand. Major events in the history of our Company June 2003 : Incorporated as a partnership firm in the name of M/s Veto Industries under the provisions of the Partnership Act, 1932 with Mr. Kishore Kumar Gurnani and Mr. Narayan Das Gurnani acting as Partners. May 2007 : Commencement of production in Hardwar, Uttarakhand. June 2007: The existing partnership firm was converted into a Company as " Veto Switchgears and Cables Private Limited" under Part IX of the Companies Act, 1956. Sept 2007 : Obtained its first ISO 9001:2000 certification. March 2009: Attained a dealer network of over 1,000 dealers. July 2010 : Upgraded to ISO 9001:2008 from ISO 9001:2000 certification. January 2011: Launched range of new products in electrical accessories viz., CFL, Fans etc. March 2011: Attained a turnover of over `5,000 Lacs for the first time. March 2011: Paid-up capital crossed `500 Lacs. Dec 2011: Awarded the performance and credit rating certificate from NSIC-CRISIL. August 2012 : Converted from "Private Limited Company" to "Public Limited Company" 2013 -"National Economic Growth Through Individual Contribution". -Veto Switchgears & cables has announces bonus in the Ratio of 1:10 2014 -Corporate Social Responsibility Policy. 2015 -Veto Switchgears and Cables Ltd is listed to dealings on the Exchange in the list of 'D' Group Securities. -Veto Switchgears and Cables Ltd Incorporated newly wholly owned Subsidiary Company in Dubai, U.A.E with a name Veto Overseas Private-F.Z.E. 2016 -The Company has Received the Order of Rs. 36 Crores form the Dealer". -The Company has Received the Cables bags addl order worth Rs 40 cr.

Our Company was originally incorporated as a partnership firm on June 26, 2003 under the name and style "Veto Industries". On April 1, 2007 the name of the firm was changed to "Veto Switchgears and Cables". Subsequently, on June 20, 2007, the partnership firm was converted in to the private limited company under the name and style "Veto Switchgears and Cables Private Limited" under part IX of the Companies Act, 1956. The name of our Company was further changed to the present name, pursuant to which a fresh certificate of incorporation dated August 3, 2012 was issued by Registrar of Companies, Maharashtra, Mumbai. We are part of Jaipur, Rajasthan based Gurnani Group which has interests in wires & cables, electrical accessories, real estate and hotels. Our Company is promoted by M/s Veto Electropowers (India) Private Limited, which is a subsidiary of Gurnani Holding Private Limited, which in turn is owned by Mr. Vishnu Kumar Gurnani, Mr. Mohan Das Gurnani and Mr. Narayan Das Gurnani. We are an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables and electrical accessories in India. Our product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories. Our products are manufactured at our state-of-art manufacturing unit located in Hardwar, Uttarakhand. Major events in the history of our Company June 2003 : Incorporated as a partnership firm in the name of M/s Veto Industries under the provisions of the Partnership Act, 1932 with Mr. Kishore Kumar Gurnani and Mr. Narayan Das Gurnani acting as Partners. May 2007 : Commencement of production in Hardwar, Uttarakhand. June 2007: The existing partnership firm was converted into a Company as " Veto Switchgears and Cables Private Limited" under Part IX of the Companies Act, 1956. Sept 2007 : Obtained its first ISO 9001:2000 certification. March 2009: Attained a dealer network of over 1,000 dealers. July 2010 : Upgraded to ISO 9001:2008 from ISO 9001:2000 certification. January 2011: Launched range of new products in electrical accessories viz., CFL, Fans etc. March 2011: Attained a turnover of over `5,000 Lacs for the first time. March 2011: Paid-up capital crossed `500 Lacs. Dec 2011: Awarded the performance and credit rating certificate from NSIC-CRISIL. August 2012 : Converted from "Private Limited Company" to "Public Limited Company" 2013 -"National Economic Growth Through Individual Contribution". -Veto Switchgears & cables has announces bonus in the Ratio of 1:10 2014 -Corporate Social Responsibility Policy. 2015 -Veto Switchgears and Cables Ltd is listed to dealings on the Exchange in the list of 'D' Group Securities. -Veto Switchgears and Cables Ltd Incorporated newly wholly owned Subsidiary Company in Dubai, U.A.E with a name Veto Overseas Private-F.Z.E. 2016 -The Company has Received the Order of Rs. 36 Crores form the Dealer". -The Company has Received the Cables bags addl order worth Rs 40 cr.

Read More

Parent Organisation

Veto Switchgears & Cables Ltd.

Founded

20/06/2007

Managing Director

Mr.Akshay Kumar Gurnani

NSE Symbol

VETOEQ

FAQ

The current price of Veto Switchgears and Cables Ltd is ₹ 122.85.

The 52-week high for Veto Switchgears and Cables Ltd is ₹ 124.89 and the 52-week low is ₹ 120.60.

The market capitalization of Veto Switchgears and Cables Ltd is currently ₹ 234.83. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Veto Switchgears and Cables Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Veto Switchgears and Cables Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Veto Switchgears and Cables Ltd shares.

The CEO of Veto Switchgears and Cables Ltd is Mr.Akshay Kumar Gurnani, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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