Varroc Engineering fell 3.7% after Citi cut its target price, citing rare-earth material disruptions impacting EV growth.

• Stock earlier gained 5% post-Q1 profit rise but missed Citi’s EBITDA margin expectations, prompting a cautious stance.
• Citi lowered TP to Rs 480 from Rs 510, while average analyst rating remains "hold" with Rs 587 median TP.
• Trading volume hit 1.2x 30-day average; stock is down 9.3% year-to-date despite recent earnings boost.