Varroc wins 6-yr EV charger contract worth USD 48M/yr from global OEM

Order Above 5pct RevenueExport Order Hard CurrencyBusiness Updates View source PDF Explain this filing

VARROC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹579.00

prior close

₹584.45

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%+0.0% vs market

Auto Components & Equipments peers, median of 110sector-0.5%-0.2% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.2 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.0

15m

-0.4

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.8+0.0-0.5-0.2

Next day

-4.3+1.8-6.1+1.5-5.8

-4.5+2.8-7.3+2.8-7.3

-1.1+2.3-3.4+3.8-4.9

-1.2+1.8-3.0+3.0-4.2

-3.5+0.3-3.8+1.1-4.6

-3.6+0.5-4.1+1.3-4.9

15d

-6.9-2.5-4.4-0.9-6.0

-11.2-6.3-4.9-6.0-5.3

-17.2-8.0-9.2-11.2-6.0

-6.5+8.3-14.7+3.8-10.2

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 110Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Varroc Engineering has bagged a 6-year contract to supply Energy Star AC bi-directional wall chargers for EVs to a leading global EV OEM, whose name is kept confidential. Manufacturing will happen at Varroc's facility in Romania. The estimated annual business value at peak capacity is Rs 4,391 million (about USD 48 million), adding a new international revenue stream for the auto component maker.

Likely market impact

Boosts long-term revenue visibility with international EV exposure and USD earnings; likely positive for the stock.