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V-Guard Unveils Double Delight with Exciting Onam Offers: Assured Gifts and Scratch & Win Bonanza V-Guard, a leading name in consumer electronics and electrical products, unveils an extraordinary dual offer extravaganza for the upcoming Onam festival. This festive season, V-Guard presents not one, but two exciting offers for its valued customers, adding to the joy of the occasion. The first delightful surprise is the Scratch & Win Bonanza valid from August 4th to September 10th, 2023, this exciting offer guarantees an assured gift by purchasing any gas stove or mixer grinder model ...
V-Guard Unveils Double Delight with Exciting Onam Offers: Assured Gifts and Scratch & Win Bonanza
V-Guard Unveils Double Delight with Exciting Onam Offers: Assured Gifts and Scratch & Win Bonanza
Source: PR Agency
22/08/2023 12:18:56 PM
V-Guard to acquire Sunflame Enterprises for Rs 660 cr Kochi-based V-Guard Industries (V-Guard) on Saturday announced the signing of definitive agreements for acquiring 100 per cent stake in Sunflame Enterprises Private Ltd. (SEPL) for Rs 660 crore. The all-cash deal is expected to close by mid of January 2023, said a top V-Guard official and it would be funded through a mix of internal accruals and debt. The acquisition is in line with V-Guard's strategy to become a significant player in the domestic Kitchen Appliances segment. The ...
V-Guard to acquire Sunflame Enterprises for Rs 660 cr
V-Guard to acquire Sunflame Enterprises for Rs 660 cr
Source: IANS
10/12/2022 12:57:41 PM
Small Cap : Accumulate V-Guard Industries Ltd For Target Rs.286 - Geojit Financial Services Margins softness in near term...outlook positive V-Guard Industries Ltd (VGIL) is one of the leading players in the electrical consumer durables space. Major product segments include Stabilizers, Cables & Wires, UPS, Pumps and Electrical Appliances  * In Q2FY23, PAT declined by 27% YoY, which was below our expectation on account of higher inventory costs. * EBITDA declined by 24% YoY & margins dropped by 320bps YoY on account higher ad spends & other expenses. * G...
Small Cap : Accumulate V-Guard Industries Ltd For Target Rs.286 - Geojit Financial Services
Small Cap : Accumulate V-Guard Industries Ltd For Target Rs.286 - Geojit Financial Services
Source: Geojit Financial Services Ltd
1/11/2022 2:27:22 PM
High Conviction Idea : Buy V-Guard Industries For Target Rs.295 - Centrum Broking Business Overview VGRD offers robust growth prospects due to (1) Scale up in diversified product categories, (2) Rising share of in-house manufacturing, (3) Penetrating Non-South region (47% of total Q1FY23 sales) and (4) High potential of distribution reach expansion and alternate sales channels. Target of Rs295 based on 40x FY24E EPS   Key investment rationale * Traditionally, stabilizers and house wires formed 60% of total sales. Now, healthy scale up is achieved in water ...
High Conviction Idea : Buy V-Guard Industries For Target Rs.295 - Centrum Broking
High Conviction Idea : Buy V-Guard Industries For Target Rs.295 - Centrum Broking
Source: Centrum Broking Ltd
11/09/2022 4:31:20 PM
Buy V-Guard Industries For Target Rs.295 - Centrum Broking Rising scale and self?manufacturing to aid growth & margin VGRD reported a healthy topline of Rs10.1bn (Q1FY20?23 CAGR at 13%), above our / consensus estimates by 18%/11%. South/Non?south sales mix was Rs5.4bn/Rs4.8bn with 3 year CAGR of 12%/14%. Gross margin rose 110bps QoQ to 29.8%, due to pricing actions in Q4FY22 and is likely to revert to pre?COVID level of 32?33% due to a further 3% price hike in Q1FY23 for certain products and softening of...
Buy V-Guard Industries For Target Rs.295 - Centrum Broking
Buy V-Guard Industries For Target Rs.295 - Centrum Broking
Source: Centrum Broking Ltd
30/07/2022 12:12:04 PM
JM Financial gives 'buy' call for ITC, GAIL, M&M Financial, 6 others The brokerage and investment firm JM Financial has given a 'buy' call for shares such as ITC, GAIL, Mahindra & Mahindra Financial, Welspun India, Apollo Tyres, Blue Star, V Guard Industries, JK Lakshmi Cement and Somany Ceramics. For ITC stocks, the brokerage has set a target price at Rs 295, as against the current price of Rs Rs 233.6. "With the government maintaining a benign stance in Budget 2022, we believe the stage is well-set for ITC's FY23E to be one of the ...
JM Financial gives 'buy' call for ITC, GAIL, M&M Financial, 6 others
JM Financial gives 'buy' call for ITC, GAIL, M&M Financial, 6 others
Source: IANS
6/02/2022 3:46:07 PM
Update On V‐Guard Industries Ltd By Yes Securities Demand outlook remains healthy, but margins to witness some pressure * Our View – After few quarters of underperformance V‐Guard has managed to deliver both on the revenue and margin front, with beat on both fronts. We would watch for consistency of revenue and earnings growth given company has been not been able to deliver consistent revenue and profit growth. We maintain our cautious view on the stock for now as peers like Crompton and Havells look better placed. * Business Upd...
Update On V‐Guard Industries Ltd By Yes Securities
Update On V‐Guard Industries Ltd By Yes Securities
Source: Yes Securities Ltd
5/02/2021 12:02:57 PM