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VETO · Industrials · 2026-08-21

VETO Switch Gears And Cables Ltd

3.0WatchWeak -8.9Stage 2 · wk 11In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹127.3
+1.82% today
₹243 Cr · Micro cap
About this companyIndustrials· Electrical Components & Equipments
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Veto Switchgears and Cables Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally. It operates through Wire and Cables, Lighting & Fittings, and Accessories & Others segments. The company offers modular switches; LED lightning, including slim LED panel, concealed light, deep light, spotlight, flood light, streetlight, strip light, rope light, LED bulb, LED tube light, wall and track light, and surface panel; and wire and cables, comprising Vimal multi strand cables, Veto multistrand cables, and Vimal flexible wire. It also provides fans, such as ceiling, wall, pedestal, and table fans; MCB and distribution board, which includes circuit breaker, distribution panels, isolator, and AC box. In addition, the company offers bells and extension cords, which comprise ding dong, stereo, and multi tune bells, as well as extension cords. The company markets its products under the VETO and VIMAL POWER brand names through a network of dealers and distributors. Veto Switchgears and Cables Limited was founded in 1967 and is based in Jaipur, India.

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P/E (TTM)
9.8
Forward 7.0
Earnings Growth (YoY)
+81.6%
Revenue +24.5%
Dividend Yield
0.89%
P/B 0.8
vs 52W High
-14.3%
₹84.4 lo₹148.5 hi
14.3% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 11
1w13w26w
Week 11 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
12.6%
200 DMA: ₹113 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.96x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
MA20 rolling over · -1.2% vs MA50 -0.2%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Industrials
↑ Building
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
This stock ranks #103 of 162 Stage 2 stocks in Industrials by RS.
Industry
Electrical Components & Equipments
→ Flat
Stage 2%
46.1%
20d Δ
+0.0pp
1M return
+10.4%
3M return
+14.3%
Industry Stage-2 % · last 20 days
Ranks #13 of 18 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 16w
S2 17w
S4 26w
S4 19w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 6w → S2 16w → S3 10w → S2 17w → S3 9w → S2 13w → S3 6w → S4 26w → S1 7w → S2 6w → S3 8w → S4 1w → S3 3w → S2 3w → S3 1w → S4 19w → S1 6w → S2 10w current
Total tracked: 167 weeks across 18 stage runs.
1M
+5.9%
3M
+14.1%
6M
+23.0%
YTD
+13.4%
1Y
+4.3%
Scan Membership
Breakout Watch
Latest: 2026-06-10
5 appearances in last 60 days. First seen: 2024-01-12.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S2
Wk 11 · Vol x
2026-08-20S2
Wk 11 · Vol x
2026-08-19S2
Wk 10 · Vol x
2026-08-18S2
Wk 10 · Vol x
2026-08-17S2
Wk 10 · Vol x
2026-08-14S2
Wk 10 · Vol x
2026-08-13S2
Wk 10 · Vol x
2026-08-12S2
Wk 9 · Vol x
2026-08-11S2
Wk 9 · Vol x
2026-08-10S2
Wk 9 · Vol x
2026-08-07S2
Wk 9 · Vol x
2026-08-06S2
Wk 9 · Vol x
Sector Peers — Stage 2All →
MARINE
wk 13 · -0.3% from hi
9.8
RATNAVEER
wk 14 · -0.8% from hi
9.8
UNIVCABLES
wk 14 · -8.7% from hi
9.4
TIIL
wk 13 · 0.0% from hi
9.3
RKFORGE
wk 3 · -2.4% from hi
9.2
Moving averages & range
50 DMA
₹126.2
200 DMA
₹113
52W High
₹148.5
52W Low
₹84.4
5D Low
₹120.2
Resistance levels (recent highs)
20d High
₹127.3
60d High
₹148.5
120d High
₹148.5
250d High
₹148.5
Next resistance
+16.7%
to 60d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.