Veritas (India)

{
  "main_header": {
    "sid": 196855,
    "name": "Veritas (India)",
    "stock_name": "Veritas (India)",
    "full_name": "Veritas (India) Ltd",
    "name_url": "stocks-analysis/veritas-india",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 0,
    "country_id": 34,
    "currency": "INR",
    "cmp": "184.70",
    "chg": 1.55,
    "chgp": "0.85%",
    "dir": 1,
    "prev_price": "183.15",
    "mcapval": "495.18 Cr",
    "mcap": "Micro Cap",
    "scripcode": 512229,
    "symbol": "",
    "ind_name": "Trading & Distributors",
    "ind_code": 49,
    "sector_id": 79,
    "indexname": "India SENSEX",
    "isin": "INE379J01029",
    "curr_date": "Jun 24, 09:51 AM",
    "curr_time": "09:53 AM",
    "last_traded_at": "Jun 24, 09:51 AM IST",
    "bse_nse_vol": "1.79 k",
    "exc_status": "Active",
    "traded_date": "Jun 24, 2026",
    "traded_date_str": "2026 06 24",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/veritas-india-196855-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Veritas (India) Ltd Falls 6.14%: Downgrade and Valuation Shifts Mark a Challenging Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/veritas-india-ltd-falls-614-downgrade-and-valuation-shifts-mark-a-challenging-week-4053137",
        "imagepath": "",
        "date": "2026-06-14 15:02:02",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>1 Jun:</strong> Downgrade to Strong Sell announced due to deteriorating fundamentals</p>\n                    <p><strong>2 Jun:</strong> Valuation grade shifts from very attractive to attractive</p>\n                    <p><strong>4 Jun:</strong> Intraday recovery with volume spike, stock gains 1.30%</p>\n                    <p><strong>5 Jun:</strong> Week closes lower at Rs.157.40, down 1.59% on the day</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.167.70</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div ..."
      },
      {
        "title": "Veritas (India) Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/veritas-india-ltd-is-rated-strong-sell-4050973",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/VeritasIndiaLtd_mojoScore_4050973.png",
        "date": "2026-06-13 10:10:36",
        "description": "Veritas (India) Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 01 June 2026. However, the analysis and financial metrics presented here reflect the stock's current position as of 13 June 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Veritas (India) Ltd Downgraded to Strong Sell Amid Deteriorating Fundamentals and Weak Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/veritas-india-ltd-downgraded-to-strong-sell-amid-deteriorating-fundamentals-and-weak-financial-trends-4030026",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/VeritasIndiaLtd_mojoScore_4030026.png",
        "date": "2026-06-02 08:12:50",
        "description": "Veritas (India) Ltd, a micro-cap player in the Trading & Distributors sector, has seen its investment rating downgraded from Sell to Strong Sell as of 1 June 2026. This shift reflects deteriorating quality metrics, a mixed but slightly improved valuation profile, worsening financial trends, and subdued technical performance, signalling heightened caution for investors."
      },
      {
        "title": "Veritas (India) Ltd Valuation Shifts Signal Changing Price Attractiveness",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/veritas-india-ltd-valuation-shifts-signal-changing-price-attractiveness-4029028",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/VeritasIndiaLtd_valuationdot_4029028.png",
        "date": "2026-06-02 08:00:36",
        "description": "Veritas (India) Ltd, a micro-cap player in the Trading & Distributors sector, has experienced a notable shift in its valuation parameters, moving from a very attractive to an attractive rating. This change reflects evolving market perceptions amid mixed financial metrics and a challenging price performance relative to benchmarks."
      },
      {
        "title": "Veritas (India) Ltd Downgraded to Strong Sell Amid Deteriorating Quality Metrics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/veritas-india-ltd-downgraded-to-strong-sell-amid-deteriorating-quality-metrics-4028944",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/VeritasIndiaLtd_qualitydot_4028944.png",
        "date": "2026-06-02 08:00:11",
        "description": "Veritas (India) Ltd, a micro-cap player in the Trading & Distributors sector, has seen a marked deterioration in its business fundamentals, prompting a downgrade from Sell to Strong Sell by MarketsMOJO as of 1 June 2026. Key quality parameters such as return on equity (ROE), return on capital employed (ROCE), and earnings growth have weakened, raising concerns about the company’s operational efficiency and financial health amid challenging market conditions."
      },
      {
        "title": "Veritas (India) Ltd Gains 3.97%: Technical Upgrade and Quarterly Losses Shape the Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/veritas-india-ltd-gains-397-technical-upgrade-and-quarterly-losses-shape-the-week-4024609",
        "imagepath": "",
        "date": "2026-05-31 14:00:05",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>25 May:</strong> Stock opens strong at Rs.164.50 following technical upgrade</p>\n                    <p><strong>26 May:</strong> MarketsMOJO upgrades rating to Sell amid mixed technicals and weak financials</p>\n                    <p><strong>27 May:</strong> Stock peaks at Rs.171.10, reflecting short-term bullish momentum</p>\n                    <p><strong>29 May:</strong> Sharp quarterly loss reported; stock closes lower at Rs.167.70</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.161.30</div></div>\n                    <div class=\"stat-item\"><div class=..."
      },
      {
        "title": "Are Veritas (India) Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-veritas-india-ltd-latest-results-good-or-bad-4023710",
        "imagepath": "",
        "date": "2026-05-30 19:38:44",
        "description": "Veritas (India) Ltd's financial results for the March 2026 quarter indicate significant operational challenges. The company reported net sales of ₹531.74 crores, which reflects a substantial decline of 46.17% compared to the previous quarter. This drop marks the lowest quarterly revenue in the trailing twelve months, suggesting considerable difficulties in its trading and distribution operations, likely influenced by lower commodity volumes or pricing pressures.\n\nThe company's consolidated net profit swung to a loss of ₹15.93 crores, a stark contrast to a profit of ₹10.88 crores in the prior quarter, representing a notable deterioration in profitability. Operating margins also contracted sharply to 1.71%, down from 2.51% in the previous quarter, indicating that the company faced increased pressure on its margins due to lower sales volumes and unfavorable operating leverage.\n\nAdditionally, interest costs sur..."
      },
      {
        "title": "Veritas (India) Q4 FY26: Sharp Quarterly Loss Raises Concerns Despite Stable Promoter Base",
        "link": "https://www.marketsmojo.com/news/result-analysis/veritas-india-q4-fy26-sharp-quarterly-loss-raises-concerns-despite-stable-promoter-base-4022188",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/VeritasIndia_quaterlyResult_4022188.png",
        "date": "2026-05-29 19:31:05",
        "description": "Veritas (India) Ltd., a diversified trading and distribution company operating in chemicals, petrochemicals, polymers, and wind energy generation, reported a concerning quarterly loss of ₹15.93 crores for Q4 FY26, marking a sharp reversal from the ₹10.88 crores profit posted in the preceding quarter. The company, with a market capitalisation of ₹450 crores, witnessed its shares trade at ₹167.70 on May 29, 2026, down 1.99% from the previous close, reflecting investor apprehension over the deteriorating financial performance."
      },
      {
        "title": "Veritas (India) Ltd Upgraded to Sell Amid Mixed Technicals and Weak Financials",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/veritas-india-ltd-upgraded-to-sell-amid-mixed-technicals-and-weak-financials-4012856",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/VeritasIndiaLtd_mojoScore_4012856.png",
        "date": "2026-05-26 08:09:14",
        "description": "Veritas (India) Ltd has seen its investment rating upgraded from Strong Sell to Sell, driven primarily by a shift in technical indicators despite ongoing challenges in financial performance and valuation metrics. This nuanced change reflects a mild improvement in market sentiment, although fundamental concerns remain significant for investors."
      }
    ],
    "total": 6072,
    "sid": "196855",
    "stock_news_url": "https://www.marketsmojo.com/news/veritas-india-196855"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "29-May-2026",
      "details": "Newspaper Publication",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Reg.24(A)-Annual Secretarial Compliance",
      "datetime": "29-May-2026",
      "details": "Annual Secretarial Compliance Report for the year ended March 31 2026.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Held On May 28 2026",
      "datetime": "28-May-2026",
      "details": "Outcome of Board Meeting held on May 28 2026. Please refer to the attached file.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Veritas (India) Ltd has declared <strong>5%</strong> dividend, ex-date: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Veritas (India) Ltd has announced <strong>1:10</strong> stock split, ex-date: 28 Jun 10",
          "dt": "2010-06-28",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Veritas (India) Ltd Falls 6.14%: Downgrade and Valuation Shifts Mark a Challenging Week

2026-06-14 15:02:02

Key Events This Week

1 Jun: Downgrade to Strong Sell announced due to deteriorating fundamentals

2 Jun: Valuation grade shifts from very attractive to attractive

4 Jun: Intraday recovery with volume spike, stock gains 1.30%

5 Jun: Week closes lower at Rs.157.40, down 1.59% on the day

Week Open

Rs.167.70

Week Close

Read full news article

Veritas (India) Ltd is Rated Strong Sell

2026-06-13 10:10:36

Veritas (India) Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 01 June 2026. However, the analysis and financial metrics presented here reflect the stock's current position as of 13 June 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Veritas (India) Ltd Downgraded to Strong Sell Amid Deteriorating Fundamentals and Weak Financial Trends

2026-06-02 08:12:50

Veritas (India) Ltd, a micro-cap player in the Trading & Distributors sector, has seen its investment rating downgraded from Sell to Strong Sell as of 1 June 2026. This shift reflects deteriorating quality metrics, a mixed but slightly improved valuation profile, worsening financial trends, and subdued technical performance, signalling heightened caution for investors.

Read full news article

Veritas (India) Ltd Valuation Shifts Signal Changing Price Attractiveness

2026-06-02 08:00:36

Veritas (India) Ltd, a micro-cap player in the Trading & Distributors sector, has experienced a notable shift in its valuation parameters, moving from a very attractive to an attractive rating. This change reflects evolving market perceptions amid mixed financial metrics and a challenging price performance relative to benchmarks.

Read full news article

Veritas (India) Ltd Downgraded to Strong Sell Amid Deteriorating Quality Metrics

2026-06-02 08:00:11

Veritas (India) Ltd, a micro-cap player in the Trading & Distributors sector, has seen a marked deterioration in its business fundamentals, prompting a downgrade from Sell to Strong Sell by MarketsMOJO as of 1 June 2026. Key quality parameters such as return on equity (ROE), return on capital employed (ROCE), and earnings growth have weakened, raising concerns about the company’s operational efficiency and financial health amid challenging market conditions.

Read full news article

Veritas (India) Ltd Gains 3.97%: Technical Upgrade and Quarterly Losses Shape the Week

2026-05-31 14:00:05

Key Events This Week

25 May: Stock opens strong at Rs.164.50 following technical upgrade

26 May: MarketsMOJO upgrades rating to Sell amid mixed technicals and weak financials

27 May: Stock peaks at Rs.171.10, reflecting short-term bullish momentum

29 May: Sharp quarterly loss reported; stock closes lower at Rs.167.70

Week Open

Rs.161.30

Read full news article

Are Veritas (India) Ltd latest results good or bad?

2026-05-30 19:38:44

Veritas (India) Ltd's financial results for the March 2026 quarter indicate significant operational challenges. The company reported net sales of ₹531.74 crores, which reflects a substantial decline of 46.17% compared to the previous quarter. This drop marks the lowest quarterly revenue in the trailing twelve months, suggesting considerable difficulties in its trading and distribution operations, likely influenced by lower commodity volumes or pricing pressures. The company's consolidated net profit swung to a loss of ₹15.93 crores, a stark contrast to a profit of ₹10.88 crores in the prior quarter, representing a notable deterioration in profitability. Operating margins also contracted sharply to 1.71%, down from 2.51% in the previous quarter, indicating that the company faced increased pressure on its margins due to lower sales volumes and unfavorable operating leverage. Additionally, interest costs sur...

Read full news article

Veritas (India) Q4 FY26: Sharp Quarterly Loss Raises Concerns Despite Stable Promoter Base

2026-05-29 19:31:05

Veritas (India) Ltd., a diversified trading and distribution company operating in chemicals, petrochemicals, polymers, and wind energy generation, reported a concerning quarterly loss of ₹15.93 crores for Q4 FY26, marking a sharp reversal from the ₹10.88 crores profit posted in the preceding quarter. The company, with a market capitalisation of ₹450 crores, witnessed its shares trade at ₹167.70 on May 29, 2026, down 1.99% from the previous close, reflecting investor apprehension over the deteriorating financial performance.

Read full news article

Veritas (India) Ltd Upgraded to Sell Amid Mixed Technicals and Weak Financials

2026-05-26 08:09:14

Veritas (India) Ltd has seen its investment rating upgraded from Strong Sell to Sell, driven primarily by a shift in technical indicators despite ongoing challenges in financial performance and valuation metrics. This nuanced change reflects a mild improvement in market sentiment, although fundamental concerns remain significant for investors.

Read full news article

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