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VARROC GROUP
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27% in 1 yearAfter the correction, the street will reach a stage where, if a company delivers numbers, there will be enough money waiting to move into t...- TISS Mumbai's HRM & LR batch sees median CTC of Rs 28 lakh during final placementsTISS Mumbai's HRM & LR batch of 2024-26 has concluded final placements with a mean CTC of Rs 28.69 lakh. The top salary saw a remarkable 82...
- Multibagger or IBC (Series: AA 125), Part 3: Inside a powerhouse with R&D capabilitiesHere is an excerpt from the 2018-19 annual report of the company: “We have completed development of Traction Motor and Controller with prot...
- AMPIN Energy Transition, Varroc Group sign PPA for supply of solar powerAMPIN Energy Transition has signed a Power Purchase Agreement with Varroc Group for supplying 27 MW of solar power, marking a repeat order....
- 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 Engg: Will the momentum continue?The company earns two-third revenue by selling lighting parts in the overseas market while the rest is obtained from the domestic two-wheel...
- Small firms think outside the box to restart operationsSmall and medium enterprises are consolidating labour, using innovative incentive schemes and even redesigning assembly lines to tide over ...
- Varroc may soon bounce back from stock slumpThe situation is likely to improve given the rising share of business from other clients.
- Varroc to cut overseas capex plans by 20-25%The group will be pruning its Rs 700-crore annual investment in foreign operations by 20-25%, resulting in the rationalisation of Rs 140-17...
- Growing LED market, right price make Varroc Engineering a good buyThe company has 36 plants across the world, of which 25 are in India.
- Varroc Group banks on changing regulations to sustain double digit growthThe 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.
- Rahul Bajaj's twin nephews become billionaires riding family's scooter businessThe twins have long counted their uncle’s Bajaj Auto as their firms' biggest customer.
- Auto parts makers open up Rs 5000 crore investment to meet rising demandA key supplier to Maruti Suzuki, JBM Group plans to invest Rs 1,000 crore over four years for capacity expansion and new businesses.
- 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 mnVarroc Group today announced signing of a deal with US-based Visteon Corporation to acquire the latter's global lighting business for USD 7...
- Maharashtra bags Rs 600-cr investmentIn two separate MoUs with white-goods major Videocon and auto components maker Varroc Engineering, the state government on Thursday bagged ...
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