Veritas (India) Ltd

Veritas (India) Ltd., the Mumbai-based trading and distribution firm specialising in chemicals and petrochemicals, has delivered a dismal second-quarter performance for FY2026, with net profit collapsing 97.52% quarter-on-quarter to a mere ₹0.60 crores from ₹24.15 crores in Q1 FY26. The year-on-year comparison paints an even grimmer picture, with profit down 98.36% from ₹36.66 crores in Q2 FY25, marking one of the sharpest quarterly declines in the company's recent history.

Veritas (India) Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 19 January 2026. However, the analysis and financial metrics presented here reflect the stock’s current position as of 02 February 2026, providing investors with the latest insights into the company’s performance and outlook.

Veritas (India) Ltd, a player in the Trading & Distributors sector, has seen its investment rating downgraded from Sell to Strong Sell as of 19 Jan 2026. This shift reflects a confluence of worsening technical indicators, poor financial performance, and valuation concerns, signalling heightened risks for investors amid a challenging market environment.

Veritas (India) Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 17 Nov 2025, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed below are current as of 04 January 2026, providing investors with the latest comprehensive view of the company’s position.

Veritas (India) Ltd, a company operating in the Trading & Distributors sector, recorded a fresh 52-week low of Rs.164.05 today, marking a significant decline in its stock price amid ongoing underperformance relative to the broader market and its sector peers.

Veritas (India) Ltd’s shares touched a fresh 52-week low of Rs.167.8 today, marking a significant decline amid sustained underperformance relative to the broader market and its sector peers.

Veritas (India) Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 17 Nov 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 24 December 2025, providing investors with the latest insights into the company’s performance and outlook.

Shares of Veritas (India), a company operating in the Trading & Distributors sector, touched a new 52-week low of Rs.170 today, marking a significant milestone in its ongoing price decline. This level reflects a steep fall from its 52-week high of Rs.997.75, underscoring the stock’s challenging performance over the past year.

Shares of Veritas (India) touched a fresh 52-week low of Rs.171 today, marking a significant milestone in the stock’s ongoing decline. This new low comes amid a year characterised by substantial value erosion and persistent financial pressures within the company.

Veritas (India) has reached a new 52-week low of Rs.173.35, marking a significant decline in its stock price amid a challenging market environment. This level represents a steep fall from its 52-week high of Rs.997.75, reflecting ongoing pressures on the company’s financial performance and market standing.

Shares of Veritas (India) have reached a fresh 52-week low of Rs.175, marking a significant decline amid a sustained period of negative returns. The stock has been trading below all major moving averages and has underperformed its sector and benchmark indices over the past year.

Veritas (India) has reached a new 52-week low of Rs.176.5, marking a significant milestone in its ongoing price decline. The stock’s performance over the past year has been notably below market benchmarks, reflecting a series of financial and operational factors that have influenced investor sentiment and market valuation.

Shares of Veritas (India) touched a fresh 52-week low of Rs.179.8 today, marking a significant milestone in the stock’s ongoing decline. This new low reflects a continuation of the downward trend that has characterised the company’s performance over the past year, with the stock registering a steep fall of over 82% during this period.

Shares of Veritas (India) touched a fresh 52-week low of Rs.182.05 today, marking a significant decline amid ongoing pressures in the Trading & Distributors sector. The stock's performance continues to lag behind broader market indices and sector averages, reflecting persistent challenges in financial metrics and market sentiment.

Veritas (India) has reached a new 52-week low of Rs.182.1, marking a significant decline amid an extended period of negative returns. The stock has been on a downward trajectory for 11 consecutive trading sessions, reflecting ongoing pressures within the Trading & Distributors sector.

Shares of Veritas (India) touched a fresh 52-week low of Rs.183 today, marking a significant milestone in the stock's ongoing decline. This new low comes after a sustained period of price erosion, reflecting a challenging phase for the company within the Trading & Distributors sector.