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VARROC INDUSTRIES
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...
- Kotak Equities upgrades Uno Minda, two smallcap auto ancillary stocks. Here's whyMidcap auto ancillary stock Uno Minda has received a rating upgrade from Kotak Institutional Equities along with two smallcap counters CIE ...
- 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...
- 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 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...
- Cut in BMW’s profit outlook to slow Indian suppliers’ runBMW has now joined Daimler, the maker of Mercedes cars, in reducing its profit outlook.
- Varroc Engineering lists at 6.7% premium over issue priceThe initial public offering was subscribed 3.6 times led by strong institutional demand.
- Varroc Engineering IPO overall subscribed 3.6 timesThe offer got fully subscribed on Tuesday.
- Varroc Engineering IPO gets fully subscribed on Day 2, sees good QIB demandThe IPO will close on June 28. At the upper end of the price band, the issue will fetch Rs 1,955 crore.
- Varroc Engineering IPO kicks off; here's what top brokerages are sayingVarroc Engineering is a global tier-1 automotive component group.
- RITES, Fine Organic IPOs close today; 4 more coming next weekExcept for Varroc Engineering, the other three will be SME offerings.
- 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...
- 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.
- 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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