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- NESCO
NESCO
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- 6M
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
Nesco Receives Consent To Operate For IT Park Bldg 3 And 4
Jan 16 (Reuters) - Nesco Ltd NSEN.NS:
RECEIVES CONSENT TO OPERATE FOR IT PARK BLDG 3 AND 4
Source text: ID:nBSE9d5wht
Further company coverage: NSEN.NS
(([email protected];;))
Jan 16 (Reuters) - Nesco Ltd NSEN.NS:
RECEIVES CONSENT TO OPERATE FOR IT PARK BLDG 3 AND 4
Source text: ID:nBSE9d5wht
Further company coverage: NSEN.NS
(([email protected];;))
Nesco Declared Highest Bidder For Wayside Amenities On Raipur-Visakhapatnam Expressway
Jan 15 (Reuters) - Nesco Ltd NSEN.NS:
NESCO - DECLARED HIGHEST BIDDER FOR WAYSIDE AMENITIES ON RAIPUR-VISAKHAPATNAM EXPRESSWAY
NESCO LTD - TOTAL DEVELOPMENT COST ESTIMATED AT 500 MILLION RUPEES PER SITE
NESCO - ESTIMATED ANNUALISED REVENUE FROM 4 SITES IS 3 BILLION RUPEES FROM YEAR 4 OF OPERATIONS
Source text: ID:nBSEbryLv8
Further company coverage: NSEN.NS
(([email protected];))
Jan 15 (Reuters) - Nesco Ltd NSEN.NS:
NESCO - DECLARED HIGHEST BIDDER FOR WAYSIDE AMENITIES ON RAIPUR-VISAKHAPATNAM EXPRESSWAY
NESCO LTD - TOTAL DEVELOPMENT COST ESTIMATED AT 500 MILLION RUPEES PER SITE
NESCO - ESTIMATED ANNUALISED REVENUE FROM 4 SITES IS 3 BILLION RUPEES FROM YEAR 4 OF OPERATIONS
Source text: ID:nBSEbryLv8
Further company coverage: NSEN.NS
(([email protected];))
India's Nesco rises after winning highway infra tender
** Shares of Nesco NSEN.NS rise 4.4% to 1,036.90 rupees
** National Highways Logistics Management allots tender to engineering co to develop and operate 3 sites for wayside amenities in phase-II section of Bengaluru-Chennai Expressway
** Total development cost estimated at 750 mln rupees ($8.8 mln) per site; co sees annualised revenue of 3.5 bln rupees from the sites from fourth year of operations
** Sites to be developed on lease for 30 years and annual lease rent for three sites is 166 mln rupees
** Trading vols nearly 2x the 30-day average
** NSEN gained 9.2% in 2024 vs 44.7% in 2023
($1 = 85.6725 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Nesco NSEN.NS rise 4.4% to 1,036.90 rupees
** National Highways Logistics Management allots tender to engineering co to develop and operate 3 sites for wayside amenities in phase-II section of Bengaluru-Chennai Expressway
** Total development cost estimated at 750 mln rupees ($8.8 mln) per site; co sees annualised revenue of 3.5 bln rupees from the sites from fourth year of operations
** Sites to be developed on lease for 30 years and annual lease rent for three sites is 166 mln rupees
** Trading vols nearly 2x the 30-day average
** NSEN gained 9.2% in 2024 vs 44.7% in 2023
($1 = 85.6725 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
Nesco Declared Highest Bidder For Wayside Amenities On Bengaluru Chennai Expressway
Jan 6 (Reuters) - Nesco Ltd NSEN.NS:
DECLARED HIGHEST BIDDER FOR WAYSIDE AMENITIES ON BENGALURU CHENNAI EXPRESSWAY
TOTAL DEVELOPMENT COST ESTIMATED AT 750 MILLION RUPEES PER SITE
ESTIMATED ANNUALISED REVENUE 3.50 BILLION RUPEES FROM YEAR 4
Source text: ID:nBSE2X436L
Further company coverage: NSEN.NS
(([email protected];;))
Jan 6 (Reuters) - Nesco Ltd NSEN.NS:
DECLARED HIGHEST BIDDER FOR WAYSIDE AMENITIES ON BENGALURU CHENNAI EXPRESSWAY
TOTAL DEVELOPMENT COST ESTIMATED AT 750 MILLION RUPEES PER SITE
ESTIMATED ANNUALISED REVENUE 3.50 BILLION RUPEES FROM YEAR 4
Source text: ID:nBSE2X436L
Further company coverage: NSEN.NS
(([email protected];;))
Nesco Says National Highways Logistics Management Declared Co As Highest Bidder
Dec 12 (Reuters) - Nesco Ltd NSEN.NS:
NESCO LTD - NATIONAL HIGHWAYS LOGISTICS MANAGEMENT DECLARED CO AS HIGHEST BIDDER
NESCO LTD - ESTIMATED ANNUALISED REVENUE FROM 4 SITES IS 3 BILLION RUPEES
Source text: ID:nBSE3slTNy
Further company coverage: NSEN.NS
(([email protected];))
Dec 12 (Reuters) - Nesco Ltd NSEN.NS:
NESCO LTD - NATIONAL HIGHWAYS LOGISTICS MANAGEMENT DECLARED CO AS HIGHEST BIDDER
NESCO LTD - ESTIMATED ANNUALISED REVENUE FROM 4 SITES IS 3 BILLION RUPEES
Source text: ID:nBSE3slTNy
Further company coverage: NSEN.NS
(([email protected];))
India's Nesco gains after Q2 profit rises
** Shares of Nesco NSEN.NS rises 2.5% to 932 rupees, its biggest one-day gain since Oct. 15
** NSEN, which is engaged in licensing premises in IT park buildings, posts a 21.7% rise in Q2 PAT Y/Y; rev up ~10%
** NSEN sees busiest day in nearly 2 weeks, with over 97,000 shares traded
** Stock up 5% YTD
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Nesco NSEN.NS rises 2.5% to 932 rupees, its biggest one-day gain since Oct. 15
** NSEN, which is engaged in licensing premises in IT park buildings, posts a 21.7% rise in Q2 PAT Y/Y; rev up ~10%
** NSEN sees busiest day in nearly 2 weeks, with over 97,000 shares traded
** Stock up 5% YTD
(Reporting by Aleef Jahan in Bengaluru)
Nesco June-Quarter PAT 697.9 Million Rupees
Aug 2 (Reuters) - Nesco Ltd NSEN.NS:
NESCO LTD JUNE-QUARTER PAT 697.9 MILLION RUPEES
NESCO LTD JUNE-QUARTER REVENUE FROM OPERATIONS 1.41 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: NSEN.NS
(([email protected];))
Aug 2 (Reuters) - Nesco Ltd NSEN.NS:
NESCO LTD JUNE-QUARTER PAT 697.9 MILLION RUPEES
NESCO LTD JUNE-QUARTER REVENUE FROM OPERATIONS 1.41 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: NSEN.NS
(([email protected];))
India's Nesco up on qrtrly profit rise
** Shares of Nesco NSEN.NS rise as much as 4.8% before trimming some gains, last up 2.5% to 909.45 rupees, its highest since mid-Feb.
** NSEN, which is engaged in licensing premises in IT park buildings, posts a ~24% rise in March-qtr profit after tax
** Rev from ops grew 20% to 1.89 bln rupees ($22.7 mln)
** Stock eyes busiest trading session since early Feb., volumes at 6.9x the 30-day avg
** Including session's gains, stock up 3.2% YTD
($1 = 83.2771 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Nesco NSEN.NS rise as much as 4.8% before trimming some gains, last up 2.5% to 909.45 rupees, its highest since mid-Feb.
** NSEN, which is engaged in licensing premises in IT park buildings, posts a ~24% rise in March-qtr profit after tax
** Rev from ops grew 20% to 1.89 bln rupees ($22.7 mln)
** Stock eyes busiest trading session since early Feb., volumes at 6.9x the 30-day avg
** Including session's gains, stock up 3.2% YTD
($1 = 83.2771 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Nesco Gets Pre-Show Cause Notice Intimation For Payment Of GST Of 2.7 Million Rupees, Interest 2.2 Million Rupees
May 2 (Reuters) - Nesco Ltd NSEN.NS:
NESCO - GOT PRE-SHOW CAUSE NOTICE INTIMATION FOR PAYMENT OF GST OF 2.7 MILLION RUPEES, INTEREST 2.2 MILLION RUPEES
Source text for Eikon: ID:nNSE4TKsz2
Further company coverage: NSEN.NS
(([email protected];))
May 2 (Reuters) - Nesco Ltd NSEN.NS:
NESCO - GOT PRE-SHOW CAUSE NOTICE INTIMATION FOR PAYMENT OF GST OF 2.7 MILLION RUPEES, INTEREST 2.2 MILLION RUPEES
Source text for Eikon: ID:nNSE4TKsz2
Further company coverage: NSEN.NS
(([email protected];))
India's Nesco slips as Mumbai exhibition halls to be used for general elections
** Shares of Nesco NSEN.NS end down 1.4% at 873.90 rupees; it fell as much as 2.2% earlier in the session
** NSEN, which is engaged in licensing premises in IT park buildings, says it has got letter from Mumbai's Collector and District Election Officer seeking possession of co's exhibition halls
** Adds, possession is for counting of votes for upcoming general elections and premises shall be made available to authorities from March 1 till further instructions
** "Event may have an impact on the business operations of the company" - NSEN
** Adds, it is assessing the material impact of the possession
** Stock down 1.1% YTD
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Nesco NSEN.NS end down 1.4% at 873.90 rupees; it fell as much as 2.2% earlier in the session
** NSEN, which is engaged in licensing premises in IT park buildings, says it has got letter from Mumbai's Collector and District Election Officer seeking possession of co's exhibition halls
** Adds, possession is for counting of votes for upcoming general elections and premises shall be made available to authorities from March 1 till further instructions
** "Event may have an impact on the business operations of the company" - NSEN
** Adds, it is assessing the material impact of the possession
** Stock down 1.1% YTD
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Nesco Says In Receipt Of Administrative Warning From Securities And Exchange Board Of India
Feb 1 (Reuters) - Nesco Ltd NSEN.NS:
NESCO LTD - IN RECEIPT OF ADMINISTRATIVE WARNING FROM SECURITIES AND EXCHANGE BOARD OF INDIA
NESCO LTD - WARNING IN RELATION TO AUDIT COMMITTEE'S FAILURE TO REVIEW ADEQUACY OF INTERNAL CONTROL SYSTEMS
NESCO LTD - ADMINISTRATIVE WARNING DOES NOT HAVE ANY MATERIAL IMPACT ON ACTIVITIES OF CO
Source text for Eikon: ID:nNSE8nFVFc
Further company coverage: NSEN.NS
(([email protected];))
Feb 1 (Reuters) - Nesco Ltd NSEN.NS:
NESCO LTD - IN RECEIPT OF ADMINISTRATIVE WARNING FROM SECURITIES AND EXCHANGE BOARD OF INDIA
NESCO LTD - WARNING IN RELATION TO AUDIT COMMITTEE'S FAILURE TO REVIEW ADEQUACY OF INTERNAL CONTROL SYSTEMS
NESCO LTD - ADMINISTRATIVE WARNING DOES NOT HAVE ANY MATERIAL IMPACT ON ACTIVITIES OF CO
Source text for Eikon: ID:nNSE8nFVFc
Further company coverage: NSEN.NS
(([email protected];))
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What does NESCO do?
NESCO Limited is a tool manufacturing company operating in two divisions: Bombay exhibition center/realty division and engineering division. It provides engineering products for the textile industry, onshore oil recovery, and equipment for Indian Railways and Ordnance Factories.
Who are the competitors of NESCO?
NESCO major competitors are Nirlon, TCI Industries, Keystone Realtors, Sunteck Realty, TARC, Ganesh Housing Corp, Hemisphere Propert.. Market Cap of NESCO is ₹6,759 Crs. While the median market cap of its peers are ₹4,758 Crs.
Is NESCO financially stable compared to its competitors?
NESCO seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does NESCO pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. NESCO latest dividend payout ratio is 11.65% and 3yr average dividend payout ratio is 11.24%
How has NESCO allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is NESCO balance sheet?
Balance sheet of NESCO is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of NESCO improving?
Yes, profit is increasing. The profit of NESCO is ₹392 Crs for TTM, ₹363 Crs for Mar 2024 and ₹291 Crs for Mar 2023.
Is the debt of NESCO increasing or decreasing?
The debt of NESCO is decreasing. Latest debt of NESCO is -₹55.8 Crs as of Mar-24. This is less than Mar-23 when it was -₹35.59 Crs.
Is NESCO stock expensive?
NESCO is not expensive. Latest PE of NESCO is 17.25, while 3 year average PE is 19.54. Also latest EV/EBITDA of NESCO is 15.03 while 3yr average is 16.5.
Has the share price of NESCO grown faster than its competition?
NESCO has given better returns compared to its competitors. NESCO has grown at ~33.94% over the last 2yrs while peers have grown at a median rate of 17.73%
Is the promoter bullish about NESCO?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in NESCO is 68.54% and last quarter promoter holding is 68.54%.
Are mutual funds buying/selling NESCO?
The mutual fund holding of NESCO is decreasing. The current mutual fund holding in NESCO is 1.98% while previous quarter holding is 2.15%.