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Sector: Consumer Durables

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Small Cap

Veto Switchgears Share Price

Veto Switchgears & Cables Ltd.

91.37

6.97(8.26%)
1st Apr 2026 | 9:28 AM
NSE : VETO
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Veto Switchgears Performance

Price Movement

₹91.37

₹87.79

₹91.55

Today's LowToday's High

1 Year Performance

₹91.37

₹93.00

₹141.00

52 Week Low52 Week High

Markets Today

High₹91.55
Low₹87.79
Open at₹87.90
Prev Close₹84.40
Volumes8.01 K
Avg Price₹90.63
Lower Circuit₹67.52
Upper Circuit₹101.28

Historical Performance

3M High₹116.90
3M Low₹82.32
1 Yr High₹141.00
1 Yr Low₹82.32
3 Yr High₹196.00
3 Yr Low₹72.45
5 Yr High₹196.00
5 Yr Low₹71.45

Veto Switchgears Fundamentals

Market Cap
Below industry Median
161.30 Cr.
PE Ratio (TTM)
Low in industry
6.80
Dividend Yield
Below industry Median
1.20
Net Profit TTM
43.6% incr over last year
23.88
Net Profit Growth
43.6% incr over last year
23.88
PEG Ratio
Above industry Median
0.20
ROE
13.9% incr over last year
8.30
Operating Revenue TTM
337.04
Operating Revenue Growth
16.0% incr over last year
Book Value
Low in industry
0.60
MFI
MFI is mid-range
41.21
RSI
RSI oversold
24.19
EPS (TTM)
11.42
Debt to Equity
0.09
Face Value
10
Operating Profit Margin Qtr.
10.46
Operating Profit Qtr.
9.81
Net Profit Qtr.
6.59
Operating Revenue Qtr.
94.22
PB Ratio
0.60

Veto Switchgears Financials

*All values are in Rs. Cr
Loading chart...
Indicator
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Total Revenue70.3758.1343.2467.1954.12
Operating Expense62.3151.9138.6857.8950.29
Operating Profit8.066.224.569.303.84
Depreciation0.880.870.760.640.72
Interest0.350.280.460.600.33
Tax2.261.631.191.791.30
Net Profit6.425.693.727.953.84

Veto Switchgears Technicals

Veto Switchgears & Cables Ltd. EMA & SMA

91.37

1.23 (1.36%)

Bullish Moving Average

0

Bearish Moving Average

16

Day EMA5 ₹89.5
Day EMA10 ₹92.2
Day EMA12 ₹93
Day EMA20 ₹95.4
Day EMA26 ₹96.6
Day EMA50 ₹100.1
Day EMA100 ₹104.8
Day EMA200 ₹110.2

Veto Switchgears Support and Resistance

Resistance

First Resistance₹89.87
Second Resistance₹95.33
Third Resistance₹99.11

Support

First Support₹80.63
Second Support₹76.85
Third Support₹71.39

Technical Indicators

Day RSI24.19
Day MFI41.21
Day ADX27.01
Day Commodity Channel Index-194.40
William-89.53
Day MACD-3.66
Day MACD Signal Line-2.62
Day ATR4.05
Day ROC125-27.55
Day ROC21-19.70

About Veto Switchgears & Cables Share Price

Veto Switchgears & Cables operates within the electrical equipment and electrical accessories industry and manufactures products used in residential, commercial, and industrial electrical installations. Activities associated with Veto Switchgears & Cables operations contribute to supply chains supporting construction, infrastructure, and electrical distribution networks. Market participants often monitor Veto Switchgears & Cables share price as an indicator of investor attention toward companies operating within this electrical equipment segment.

Business activities carried out through Veto Switchgears & Cables operations include manufacturing wires, cables, lighting products, and electrical accessories supplied to domestic distribution channels. These activities form part of the broader environment supporting electrical infrastructure demand across India. Investors sometimes track Veto Switchgears & Cables share price today when evaluating how trading activity reflects sentiment toward the electrical accessories sector. Veto Switchgears & Cables Share 2025-2026 may reflect investor observations regarding company performance and industry conditions.

Industry observers follow developments related to Veto Switchgears & Cables operations when evaluating the operating environment for companies producing electrical accessories and wiring products. Financial disclosures and corporate announcements may contribute to movements reflected in Veto Switchgears & Cables live share price. Analysts and investors also observe Veto Switchgears & Cables share trend when comparing companies operating within the same industry.

Investors may also review Veto Switchgears & Cables live price when observing trading activity linked to companies operating in the electrical equipment sector.

Company Fundamentals

(a) Company Background

Veto Switchgears & Cables founded in 1967 operates as an electrical equipment company engaged in manufacturing and selling wires, cables, and electrical accessories used in residential and industrial applications. Veto Switchgears & Cables company history includes developments associated with expansion of manufacturing capacity and distribution reach across India. Veto Switchgears & Cables overview describes the company’s operations in electrical accessories, lighting products, and wiring infrastructure.

Corporate management and operational oversight are coordinated from Veto Switchgears & Cables headquarters Mumbai, India. Business developments related to Veto Switchgears & Cables expansion include additional product categories such as LED lighting, electrical fittings, and modular switch systems.

Operational developments are sometimes reviewed by investors monitoring Veto Switchgears & Cables share price. Industry observers also track Veto Switchgears & Cables stock price when assessing how developments related to Veto Switchgears & Cables operations influence market perception. Investors reviewing financial results may monitor Veto Switchgears & Cables earnings when evaluating business performance. Analysts studying financial metrics review Veto Switchgears & Cables fundamentals as part of company analysis. Market participants may also review Veto Switchgears & Cables p/e ratio when examining valuation indicators.

(b) Company Product Lines

Veto Switchgears & Cables business segments include products supporting residential electrical installations, infrastructure wiring, and electrical distribution systems.

  • Wires and Cables
    – Includes multi-strand wires and power cables used in residential and industrial electrical wiring.
  • Electrical Switches and Accessories
    – Includes modular switches, sockets, MCBs, bells, and electrical fittings used in building installations.
  • Lighting Products
    – Includes LED bulbs, LED panel lights, LED flood lights,street lights, and related lighting fixtures.
  • Consumer Electrical Products
    – Includes ceiling fans and household electrical accessories supplied through distribution networks.

Operational developments across these segments may influence how investors interpret Veto Switchgears & Cables share price. Industry observers also review Veto Switchgears & Cables stock price when evaluating activity across Veto Switchgears & Cables business segments.

(c) Company Revenue Model

Veto Switchgears & Cables revenue model is based on manufacturing and selling electrical wiring products and accessories through distributor networks and channel partners.

Revenue streams may include:

  • Sales of wires and cables used in residential, commercial, and industrial electrical wiring.
  • Sales of lighting products including LED lighting solutions supplied to retail and electrical distributors.
  • Sales of electrical accessories such as switches, sockets, and protective devices used in building installations.
  • Distribution of consumer electrical products including fans and other electrical appliances.

These activities contribute to business performance evaluated by market participants reviewing Veto Switchgears & Cables stock price. Contract activity and operational developments may also influence how investors interpret Veto Switchgears & Cables share price.

(e) Geographic Presence

Veto Switchgears & Cables geographic presence includes locations where manufacturing, distribution, and sales activities are carried out.

Headquarters: Mumbai

Corporate Office:Jaipur, Rajasthan

Operations:

  • India
  • Electrical distribution across multiple Indian states
  • Export activities through subsidiary operations

Regional activities are sometimes reviewed by investors assessing Veto Switchgears & Cables share price. Market participants also monitor Veto Switchgears & Cables stock price when evaluating geographic exposure.

(f) Leadership

Veto Switchgears & Cables leadership includes executives and board members responsible for corporate governance and operational direction.

  • Managing Director & CEO – Akshay Kumar Gurnani
  • Whole Time Director cum CFO – Narain Das Gurnani
  • Woman Director – Jyoti Gurnani
  • Independent Director – Dr. Kanwarjeet Singh
  • Independent Director – Mr. Sanjeev Kumar Dass

Leadership decisions may influence how investors interpret Veto Switchgears & Cables share price. Corporate governance practices are also reviewed by analysts when examining Veto Switchgears & Cables stock price.

(h) Key Milestones

Major developments in Veto Switchgears & Cables company history provide context for the company’s operational evolution.

  • 1967 — Brand VETOestablishedin the electrical accessories segment.
  • 2007 — Veto Switchgears & Cables incorporated as a listed company entity.
  • 2010s — Expansion into LED lighting products and electrical accessories.
  • 2020s — Expansion of distribution network across multiple Indian states.

Strategic developments are sometimes considered when analysts review Veto Switchgears & Cables share price in relation to business changes.

(i) Industry Perspective

The electrical equipment industry operates within an environment influenced by infrastructure development, construction activity, and electrification initiatives. Electrical equipment outlook is shaped by demand for residential construction, commercial real estate development, and industrial power infrastructure.

Electrical equipment industry trends include increasing adoption of LED lighting technology, improved safety standards for wiring systems, and growth in smart electrical infrastructure. Changes in electrical equipment demand may influence companies involved in manufacturing electrical accessories and wiring products.

Sector developments may be evaluated by investors reviewing Veto Switchgears & Cables share price. Analysts also assess Veto Switchgears & Cables stock price when comparing company performance with broader electrical equipment sector conditions.

Veto Switchgears & Cables Stock Market Presence – Listing and Index Representation

Veto Switchgears & Cables listed company status reflects its presence on Indian stock exchanges. Veto Switchgears & Cables NSE listing under the symbol VETO commenced following its listing on the exchange. Veto Switchgears & Cables BSE listing is recorded under the company’s exchange code.

Market participants monitor Veto Switchgears & Cables share price on NSE to observe trading activity on the exchange. Analysts also review Veto Switchgears & Cables share price on BSE when assessing valuation movements across exchanges. Investor sentiment toward companies in the electrical equipment industry may be reflected through movements in Veto Switchgears & Cables stock price.

Veto Switchgears & Cables Stock Performance and Share Price History

Veto Switchgears & Cables stock performance reflects patterns associated with cycles in the electrical equipment industry. Analysis of Veto Switchgears & Cables share price history focuses on medium-term and long-term movement patterns influenced by sector developments.

Analysts review Veto Switchgears & Cables stock price when assessing how operational developments influence investor sentiment. Observations related to Veto Switchgears & Cables share price trend may also reflect broader construction activity and electrical infrastructure demand.

Changes in sector activity can contribute to fluctuations in Veto Switchgears & Cables stock price over time.

Veto Switchgears & Cables Investor Relevance and Role in Portfolio

Veto Switchgears & Cables stock may appear in portfolios that include companies linked to the electrical equipment sector. Investors sometimes observe Veto Switchgears & Cables share price when evaluating exposure to electrical infrastructure and consumer electrical products.

Investors may also review Veto Switchgears & Cables market cap when evaluating the company’s relative size within the electrical accessories industry.

  • Thematic Exposure
    Veto Switchgears & Cables performance may reflect developments affecting companies operating in electrical manufacturing and lighting products.
  • Valuation Monitoring
    Market participants monitor Veto Switchgears & Cables stock price when reviewing financial performance and valuation indicators.
  • Industry Exposure
    Changes in construction cycles may influence Veto Switchgears & Cables stock price trends.

Long-term investors sometimes review Veto Switchgears & Cables share price alongside developments affecting companies operating in the electrical equipment sector.

Veto Switchgears & Cables Sectoral Relevance and Peer Positioning

Veto Switchgears & Cables competitive positioning reflects its role within India’s electrical equipment and wiring accessories market. Analysts review Veto Switchgears & Cables p/e ratio when comparing valuation metrics across companies involved in electrical accessories manufacturing.

Veto Switchgears & Cables peer comparison with companies such as Polycab India, KEI Industries, and Finolex Cables reflects differences in scale, product diversification, and distribution reach within India’s electrical wires and cables industry.

Structural factors affecting industry positioning may be examined through Veto Switchgears & Cables SWOT analysis. Analysts sometimes compare Veto Switchgears & Cables stock price with other electrical equipment companies when reviewing relative valuation.

Summary

Veto Switchgears & Cables stock reflects the company’s role in India’s electrical accessories and wiring products industry. Veto Switchgears & Cables business model is based on manufacturing electrical wiring products, lighting equipment, and accessories supplied through distributor networks.

Veto Switchgears & Cables revenue model is linked to sales of electrical wiring products and lighting equipment across domestic distribution channels. Veto Switchgears & Cables geographic presence across Indian markets supports its electrical accessories distribution network. Analysts observe Veto Switchgears & Cables share price when reviewing developments affecting the electrical equipment industry. Market participants also monitor Veto Switchgears & Cables stock price when evaluating sector conditions.

Veto Switchgears Shareholding Pattern

Held BySep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoter45.145.145.145.145.145.1
FII0.100.40.500
DII000000
Public54.954.954.554.45554.9

Veto Switchgears Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day1.06 L1.64 L64.85%
Week68.6 K97.66 K70.24%
1 Month41.8 K58.99 K70.85%
6 Month25.2 K37.49 K67.20%

Veto Switchgears SWOT Analysis

Strengths18
Weakness10
Opportunity1
Threats0

Buy Zone: Stocks in the buy zone based on days traded at current PE and P/BV

Undervalued Growth Stocks

Value Stocks, Under Radar (DVM)

Stocks seeing month price declines, good financial durability, and newly affordable valuations (subscription)

Companies with high TTM EPS Growth

Annual Profit Growth higher than Sector Profit Growth

PEG lower than Industry PEG

Dividend yield greater than sector dividend yield

Affordable Stocks - Stocks with Good Valuation Score

Growth in Net Profit with increasing Profit Margin (QoQ)

Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Companies with Low Debt

Increasing Revenue every quarter for the past 2 quarters

Increasing profits every quarter for the past 2 quarters

Book Value per share Improving for last 2 years

Companies with Zero Promoter Pledge

Stock with Low PE (PE < = 10)

Volume Shockers

Veto Switchgears Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
22 Sep, 20251FINAL22 Sep, 2025Equity Share
20 Sep, 20241FINALEquity Share
22 Sep, 20231FINALEquity Share
20 Sep, 20221FINALEquity Share
21 Sep, 20211FINALEquity Share
25 Sep, 20182FINALEquity Share
25 Sep, 20171FINALEquity Share
22 Feb, 20171INTERIM24 Feb, 2017Equity Share
22 Sep, 20161.5FINALEquity Share
28 Jan, 20160.5INTERIM29 Jan, 2016Equity Share

Veto Switchgears Stock Comparison

Financials
Price (₹)₹52.43₹74₹389₹197.05₹53₹43
% Change4.55%4.23%3.16%5.05%5.58%-0.12%
Revenue TTM (₹ Cr)--₹3,859.72₹613.03--
Net Profit TTM (₹ Cr)--₹391.98₹35.75--
PE TTM-17.3012.2034.408.706.40
1 Year Return-3.56-14.46-18.9-31.79-51.26-56.95
ROCE35.16-60.4420.97-42.94

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