What to Watch. Veto Switchgears may sparkle on new order

Veto Switchgears and Cables Ltd has received an order worth ₹25 crore for its new product Vyoma for modular switches. The projected order has to supplied by August, the company said in a statement to the exchanges. Veto Switchgears had reported a profit of ₹4.16 crore on revenues of ₹30.30 crore for October-December period; for fiscal 2017, the company had reported a profit of ₹12.19 crore and revenues of Rs 120.34 crore. Shareholders will monitor its execution.