Stay updated with breaking news from Varroc Engineering. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Experts are hopeful of further uptrend towards 22,700-22,800 in the coming sessions, with support at 22,300-22,200 levels, and the volatility index diving to November 2023 lows
Varroc Engineering stock's breakout from inverse Head & Shoulder pattern led to a significant wealth increase for investors. Short-term traders eye Rs 600 target as experts anticipate a bullish trend towards Rs 595-613 in the coming weeks.
Varroc Engineering Ltd. key Products/Revenue Segments include Auto Parts, Steel Forgings, Polymer Products, Tools, Scrap, Sale of services, Other Operating Revenue, Wind Power, Export Incentives, Job Work for the year ending 31-Mar-2023.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.
Axis Securities recommends accumulating Varroc Engineering in the Rs 540-530 range, with a target price of Rs 595, offering an upside potential of 11-15 percent.