Report
EUR 14.02 For Business Accounts Only

V-GUARD INDUSTRIES sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of V-GUARD INDUSTRIES (IN), active in the Electrical Components & Equipment industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date November 19, 2021, the closing price was INR 249.75 and its target price was estimated at INR 217.98.
Underlying
V-Guard Industries

V-Guard Industries Limited (V-Guard) is an India-based company engaged in manufacturing, trading and selling of electronic products. The Company's segments include Electronics, Electrical/Electro Mechanical and Others. V-Guard's Electronics segment includes products, such as voltage stabilizers, uninterruptible power supply (UPS) and digital UPS. The Company's Electrical/Electro Mechanical segment includes products, such as PVC Cables, Pumps and Motors, Electric Water Heaters, Fans, Switchgears, Induction Cooktops and Mixer Grinder. The Company's Others segment includes products, such as solar water heater and solar inverter. Its portfolio of products include VIC 05, VG 400, VG 500, VIC 2000, Insignia and Turbo Grind. The Company has its manufacturing facilities located at Coimbatore, Tamil Nadu; Kashipur, Utharakhand; Kala Amb, Himachal Pradesh, and SIPCOT Industrial growth center, Perundurai, Tamil Nadu, and Majhitar, Sikkim.

Provider
TheScreener
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