Investec Upgrades Varroc Engineering Target; Sees Strong Growth And Margin Gains

Healthy revenue growth coupled with cost optimisation should help improve overall margins.

Varroc Engineering share price spikes. (Photo source: Canva AI)

Investec has reiterated its 'Buy' rating on Varroc Engineering while raising the target price to Rs 800 from Rs 750, citing improving fundamentals and management’s confidence in growth acceleration.

Also Read: Varroc Engineering Q2 Review — ICICI Securities Maintains 'Buy', Raises Target Price, Implying 15% Upside

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Heena Ojha
Senior News Writer at NDTV Profit, She is a graduate with a gold medal from... more
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