Now let’s see some of the positives/sector tailwinds developing for $Varroc Engineering Ltd
1)Varroc has product line to cater to EV segment & should reap the benefit as the EV market evolves. 2)It’s mfg EV chargers in India in collab with Delta-Q for two & three wheelers OEMs 2)Result of all capex done before covid & last FY will yield results from H2 FY22 onwards. 4)To reduce operational costs & to bring EBIT % levels as per industry standards Co. has hired a global management consulting company. The benefits of same shall be visible in next 6 months. 5)The co. has reduced debt by 500 crs in last six months. 6) Earnings are at cyclical low & benefit of capex & operating leverage kicking in.
(2/2)

Disclosure: Invested.