Buy Varroc Engineering, target price Rs 613: Axis SecuritiesVarroc Engineering Ltd. key Products/Revenue Segments include Auto Parts, Steel Forgings, Polymer Products, Tools, Scrap, Sale of services,...
Buy Varroc Engineering, target price Rs 365: ICICI SecuritiesVarroc Engineering Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 4484.28 Crore) operating in Auto An...
Varroc Engineering tanks 9% after amending lighting business dealThe company, in an exchange filing, announced amendments in the securities purchase agreement executed by Varroc Engineering, along with it...
Buy Varroc Engineering, target price Rs 529: ICICI SecuritiesVarroc Engineering Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 4927.36 Crore) operating in Auto An...
Varroc Engineering tanks 4% as net loss widens in Q4; firm flags poor auto productionThe company in a release said revenue from operations stood at Rs 1,652 crore in the March quarter of FY22 as compared to Rs 1,504.30 crore...
Varroc sells its US, EU four wheeler lighting business to Plastic Omnium for 600 million eurosThe 600 million euro transaction will see Varroc divesting its lighting System operations in the USA, Brazil, Mexico, Poland, Czech Republi...
Varroc Engineering to sell Europe, Americas 4-wheeler lighting biz for $631 mn; stock zooms 20%According to the release, the deal has been sealed for 600 million Euros (about Rs 4,831.8 crore), wherein Varroc will be divesting its lig...
Varroc Engineering rises 11% after global lighting biz sale reportsFollowing the development, Varroc Engineering rallied about 11 per cent to Rs 451.25 on Tuesday, before trading at Rs 436.10 at 9.45 am. Th...
Buy Varroc Engineering, target price Rs 465: ICICI SecuritiesVarroc Engineering Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 5775.33 Crore) operating in Auto An...
Varroc Engineering up 8% as HDFC AMC ups shareholdingAfter the open market transaction, HDFC AMC’s shareholding in Varroc has climbed to 5.11 per cent from 4.53 per cent earlier.
- Varroc Group banks on changing regulations to sustain double digit growth
The company had earlier set itself a turnover target of Rs 20,000 crore by fiscal 2021, which means it will have to grow at a compounded an...
Auto component firm Varroc Engineering may file IPO papers by March endAuto industry veteran Rahul Bajaj's nephew Tarang Jain is the MD of Varroc Engineering.
Varroc buys over 70% in automotive accessories maker Team ConceptsThe deal will allow Varroc to participate in the Rs 5,000-crore organised premium automotive accessories business, which is forecast to dou...
Auto components firm Varroc gears up for next phase of growthThe Aurangabad-based Varroc has appointed Ashwani Maheshwari as CEO for its India business from April 2018.
Tata opportunities fund buys up to 15 per cent in Varroc for Rs 300 croreVarroc, India’s third-largest auto components maker will use the funds to expand its capacity and partly pay off its outstanding debt.
Tata Opportunities Fund acquires 15% stake in Varroc GroupVarroc, India’s third largest auto components maker, will use the funds to expand its capacity and partly pay off its outstanding debt.
- Varroc to acquire US-based Visteon Lighting for USD 75-100 mn
Varroc Group today announced signing of a deal with US-based Visteon Corporation to acquire the latter's global lighting business for USD 7...