Sharekhan is bullish on V-Guard Industries has recommended buy rating on the stock with a target price of Rs 300 in its research report dated May 31, 2023.

Buy V-Guard Industries; target of Rs 300: Sharekhan

HDFC Securities recommended reduce rating on V-Guard Industries with a target price of Rs 235 in its research report dated May 31, 2023.

Reduce V-Guard Industries; target of Rs 235: HDFC Securities

Results Review for Prestige Estates and V-Guard Industries

Continued increase in non South contribution.

V-Guard Industries Q4 Results Review -Expect Gradual Margin Recovery: Dolat Capital

V-Guard Industries Ltd has announced that its consolidated net revenue from operations grew 7.6 per cent in the quarter ended March 31, 2023 to ₹1,140.14 crore compared to ₹1,059.17 crore in the corresponding period of the previous fiscal.

V-Guard net revenue grows 7.6% in Q4 FY23

#VGuard's profit after tax falls 41% year-on-year.

Sr VP & CFO Sudarshan Kasturi decodes earnings. #BQLive #Q4WithBQ 

--------------------------------------------------------------------------------------------------------------------
For more videos subscribe to our channel: http://bit.ly/32JXa74
Visit BQ Prime for more news: https://www.bqprime.com/
Don't enter the stock market unaware. Read all Research Reports here: https://www.bqprime.com/research-reports

For the latest business news and analysis
Subscribe to our Newsletters here: https://www.bqprime.com/my-bq/newsletter
Subscribe to our Telegram channel: https://t.me/BQPrime

Follow BQ Prime here
Twitter: https://twitter.com/bqprime
Facebook: https://www.facebook.com/BQPrime/
LinkedIn: https://www.linkedin.com/company/13184554/
Instagram: https://www.instagram.com/bqprime/
Pinterest: https://in.pinterest.com/BQPrimeNews/

Q4 Review: V-Guard’s Q4FY23 PAT Falls 41% | BQ Prime

Electrical goods manufacturer V-Guard Industries Ltd on Tuesday reported a 41.14 per cent decline in consolidated net profit to Rs 52.72 crore for the fourth quarter ended March 2023.

V-Guard net profit declines 41.14% to Rs 52.7 cr in March quarter

However, its revenue from operations rose 7.64 percent to Rs 1,140.14 crore during the period under review. It was Rs 1,059.16 crore in the corresponding period a year ago.

V-Guard Q4 net profit declines 41.14% to Rs 52.7 cr

Pre-tax profit from its electronics segment fell almost 25%, while its electricals segment fell almost 14% in the quarter.

India’s V-Guard reports fall in Q4 profit hurt by loss in consumer durables | The Financial Express

V-Guard Ind Standalone March 2023 Net Sales at Rs 1,080.14 crore, up 2.84% Y-o-Y

V-Guard Ind Consolidated March 2023 Net Sales at Rs 1,140.14 crore, up 7.74% Y-o-Y

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

V-Guard Industries Limited is engaged in manufacturing, trading and selling of electronic and electrical products such as voltage stabilizers, uninterruptible power supply (UPS),PVC Cables, Pumps and Motors, Electric Water Heaters, Fans, Switchgears.