VEEM Ltd (VEE.AX)
VEEM Ltd operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Canning Vale, WA, AU. The stock last traded at $0.52, down 0.48% on the session, giving a market capitalisation of $76.7M. Its beta of 1.22 implies it has historically moved more than the broad market.
VEEM Ltd engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. It offers gyrostabilizers; CNC machined monobloc propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propellers, shaft lines, and marine ride control fins. In addition, it offers bespoke engineered products and services for marine, defense, and mining industries; and hollow bar products. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd is a subsidiary of Veem Corporation Pty Ltd.
VEEM Ltd is most often compared with the following Industrials names: