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Friday, December 30, 2016

Veto Share Price Gained Over 5 % At NSE Today


VetoVeto is an ISO 9001:2008 certified company with BBB+ rated by ICRA. The company is engaged in manufacturing of wires & cables, Electrical Accessories & all type of range of led lighting, CFL & Fans. Veto uses latest production technology and also produces latest products as per market demand in their manufacturing unit located at Haridwar & Vasai (Mumbai). The Brand name "Veto" came in to existence since 1967.
Veto trades on its strong fundamentals. In trade today, veto share price gained 5.46 per cent to trade at Rs. 136.90.
The company manufactures a variety of electrical accessories, wires, cables, CFL, T5 fitting, Fans and LED Lights. Veto has the market cap of Rs. 237.89 crores as on 30th December 2016 and the PE ratio of 23.79. It has reported the consolidated sales of Rs. 58.38 crores and a net profit of Rs. 5.12 crores with the EPS of Rs. 2.79 for the quarter ended September 2016. The stock has corrected 2.31 per cent in past thirty days.

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