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Price band ± 20%
Price
Trading Data
range barsReturns
absolute and vs benchmark indexAbout the Company
Veto Switchgears and Cables Limited, formerly Veto Switchgears and Cables Private Limited, is engaged in the manufacture and sale of wires and cables and electrical accessories in India. The Companys 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. The Company supplies its products under the brands VETO and VIMAL POWER through its network of dealers to its customers in India, as well as select customers abroad. The Companys products are manufactured at its manufacturing unit located in Hardwar, Uttarakhand. The Company manufactures various products, such as electrical accessories under VETO brand and wires and cables under VETO POWER and VIMAL POWER brand.
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- HQ
- Mumbai, Maharashtra
- CEO & MD
- Akshay Kumar Gurnani
- Registrar
- Bigshare Services Pvt. Ltd.
- Exchange
- NSE
- ISIN
- INE918N01018
Institutional Demand
passive ownership through ETFsContext
where this company sitsFrequently Asked
▶What is the share price of Veto Switchgears and Cables Ltd today?
Veto Switchgears and Cables Ltd (VETO) is trading at ₹122.73. The price shown is the latest available from the exchange feed and updates through the trading session.
▶What is VETO’s P/E ratio versus the sector?
VETO trades at a P/E of 10.0. Its industry median is shown alongside it in Key Stats, so you can see at a glance whether the stock is priced above or below the businesses it competes with. A lower P/E is not automatically cheaper — it can also reflect slower expected growth.
▶What is VETO’s dividend yield?
VETO has a dividend yield of 0.73%, based on dividends declared over the last twelve months against the current price. The full dividend history is on the News & Filings tab.
▶What is VETO’s 52-week high and low?
VETO has traded between ₹82.32 and ₹155.9 over the past year. The Trading Data block shows where the current price sits inside that band.
▶What is the market capitalisation of Veto Switchgears and Cables Ltd?
Veto Switchgears and Cables Ltd has a market capitalisation of ₹261 crore.
▶What is VETO’s return on equity?
VETO reports a return on equity of 8.6%. ROE measures profit generated per rupee of shareholder capital, and is most meaningful compared against others in Electrical Equipment & Parts.
▶Who are VETO’s competitors?
The Peers block on this page lists other Electrical Equipment & Parts companies with their price, P/E and market capitalisation. The Valuation tab compares multiples against the industry median in more depth.
▶What is VETO’s promoter holding?
Promoters hold 45.06% of VETO. The Ownership tab shows the full shareholding pattern — promoter, FII, DII and public — and how each has moved across recent quarters.
▶Which indices include VETO?
Index membership is listed in the Context block on this page, along with the weight VETO carries in each. That weight is what determines how much passive money tracks the stock.
▶Is Veto Switchgears and Cables Ltd a good buy?
We do not publish buy or sell calls. What this page gives you instead is the evidence: our Value & Investment Index for where the price sits against its own history, the Fundamental Strength Index for the quality of the business, an investment checklist of criteria applied to every stock, and pros and cons generated from VETO’s own numbers. The judgement is yours.
VETO at a glance
Veto Switchgears and Cables Ltd operates in the Electrical Equipment & Parts industry, part of the Industrials sector. Veto Switchgears and Cables Ltd (VETO) last traded at ₹122.73, giving it a market capitalisation of ₹261 crore. The 52-week range is ₹82.32 to ₹155.9, and the price is 55% of the way up that range. It trades at a price-to-earnings ratio of 10.0. Promoters hold 45.06% of the company in the latest shareholding filing.
| Market cap | ₹261 crore |
|---|---|
| P/E | 10.0 |
| ROE | 8.6% |
| ROCE | 11.5% |