Varroc Engineering enters into cooperation agreement with Delta-Q

Varroc Engineering Ltd. | Auto Ancillary | Automobiles | BSE: 541578 | NSE: VARROC

18 Mar 2021 Evaluate

Varroc Engineering (Varroc) has entered into a cooperation agreement (Agreement) with Delta-Q Technologies Corp (Delta-Q). Varroc will manufacture Delta-Q’s chargers in India to support the expansion of the electric two- and three-wheel vehicle market.

Based in Canada, Delta-Q is a leader in the design and supply of high-reliability on-board chargers for original equipment manufacturers in a variety of industrial and consumer markets in the US, Europe, and Asia.

Varroc Engineering is a global tier-1 automotive component group, ranked 124th in the 2019 Fortune India 500 list.

Peers

Company Name	CMP
SamvardhanaMotherson	164.05
Tube Investments	2598.05
Bosch	48200.00
UNO Minda	1226.45
Bombay Burmah Trdg.	1487.95
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