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VARROC INDIA
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...
- 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...
- 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...
- Varroc looking to sell global lighting business for up to $650 millionThe company has brought on board a European investment bank based in Paris a few months ago to look for buyers for its global lighting busi...
- 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 to acquire 74% stake in CarIQ TechnologiesCarIQ is one of the few Indian tech startups that pioneered technology solutions for connected mobility.
- Varroc may soon bounce back from stock slumpThe situation is likely to improve given the rising share of business from other clients.
- Varroc Engineering to debut on bourses todayThe company's Rs 1,955-crore IPO was subscribed 3.6 times during June 26-28.
- 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...
- Genius Consultants, Varroc Engineering get Sebi nod for IPOWith these, the total number of companies, which received Sebi approval hit 22 in 2018 so far.
- 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.
- 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 mnVarroc Group today announced signing of a deal with US-based Visteon Corporation to acquire the latter's global lighting business for USD 7...
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