VETO Switch Gears And Cables Ltd

Stage 2 · Advancing · week 4Setup 5.1 ★ FairSolid +0.8

As of 16 Oct 2026, VETO Switch Gears And Cables is in Stage 2 — advancing, the uptrend phase, in week 4 (since 24 Sep 2026). It closed at ₹133, 11.3% below its 52-week high and above its 200-day average, which is rising. In Industrials, 25.5% of stocks are in Stage 2.

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. More about the company

₹133.3
+1.70% today
₹255 Cr · Micro cap
Market Neutral — FadingIndustrials 25.5% in Stage 2-2.0 pts / 20dElectrical Components & Equipments 32.6%-2.3 pts

Pro read

Pro

Our read

Early entry — still early enough in its move

Setup score

5.1 ★ Fair

Momentum

Steady

Edge

Solid +0.8

Setup-score rank among Stage 2 peers: #9 of 14 in Electrical Components & Equipments · #63 of 130 in Industrials

Is VETO early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-11.3%
₹84.4 lo₹150.3 hi
11.3% 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 4
1w13w26w
Week 4 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is mid-run — 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
14.0%
200 DMA: ₹116.9 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.35x
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 gently rising · +2.9% vs MA50 +4.8%
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.
1M
+4.2%
3M
+2.2%
6M
+27.4%
YTD
+15.3%
1Y
+14.5%
Sector
Industrials
↓ Peaking
Stage 2%
25.5%
20d Δ
-2.0pp
1M return
-0.9%
3M return
-2.5%
Sector Stage-2 % · last 20 days
This stock ranks #72 of 125 Stage 2 stocks in Industrials by RS.
Industry
Electrical Components & Equipments
↓ Peaking
Stage 2%
32.6%
20d Δ
-2.3pp
1M return
-1.3%
3M return
+4.2%
Industry Stage-2 % · last 20 days
Ranks #12 of 13 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 15w
S2 17w
S4 26w
S4 19w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 15w → 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 → S3 4w → S2 3w current
Total tracked: 168 weeks across 19 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-09-24
6 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
2026-10-16S2
Wk 4 · Vol 0.35x
2026-10-15S2
Wk 3 · Vol 0.92x
2026-10-14S2
Wk 3 · Vol 0.59x
2026-10-13S2
Wk 3 · Vol 0.38x
2026-10-12S2
Wk 3 · Vol 0.69x
2026-10-09S2
Wk 3 · Vol 0.75x
2026-10-08S2
Wk 2 · Vol 0.95x
2026-10-07S2
Wk 2 · Vol 0.72x
2026-10-06S2
Wk 2 · Vol 1.07x
2026-10-05S2
Wk 2 · Vol 0.78x
2026-10-01S2
Wk 2 · Vol 1.64x
2026-09-30S2
Wk 1 · Vol 2.13x
Sector Peers — Stage 2All →
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHREEJISPG
wk 17 · 0.0% from hi
8.4
SHIVAUM
wk 28 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
SPECTRUM
wk 19 · -3.3% from hi
8.2
Moving averages & range
50 DMA
₹130.9
200 DMA
₹116.9
52W High
₹150.3
52W Low
₹84.4
5D Low
₹131
Resistance levels (recent highs)
20d High
₹150.3
60d High
₹150.3
120d High
₹150.3
250d High
₹150.3
Next resistance
+12.8%
to 20d High
Ask the Market AI about VETOAsk →
P/E (TTM)
9.8
Forward 7.0
Earnings Growth (YoY)
+81.6%
Revenue +24.5%
Dividend Yield
0.89%
P/B 0.8
About this companyIndustrials· Electrical Components & Equipments

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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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.