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NESCO Ltd (NESCO)

₹905.151.73%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for NESCO Ltd. An average target of ₹987

Source: S&P Global Market Intelligence

NESCO Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹890.75
    ₹908.6
  • 52 Week's Low

    52 Week's High

    ₹616.05
    ₹1,003
1 Month Return-5.34 %
3 Month Return+ 5.04 %
1 Year Return+ 41.51 %
Previous Close₹889.80
Open₹891.50
Volume50.44K
Upper Circuit-
Lower Circuit-
Market Cap₹6,269.53Cr

Key Statistics

P/E Ratio18.3
PEG Ratio1.55
Market Cap₹6,269.53 Cr
P/B Ratio2.54
EPS41.25

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth0.8%
UTI Small Cap Fund Direct GrowthUTI Small Cap Fund Direct Growth0.8%
Bandhan Core Equity Fund Direct Plan GrowthBandhan Core Equity Fund Direct Plan Growth0.34%
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.29%
WhiteOak Capital Multi Cap Fund Direct GrowthWhiteOak Capital Multi Cap Fund Direct Growth0.27%

Company Information

Nesco Ltd, formerly known as New Standard Engineering Co Ltd, is a diversified Indian-based company with a variety of business activities in the engineering, realty and services sectors. Established in 1946, the company has its manufacturing units located at Karamsad and Vishnoli in Gujarat and Mumbai in Maharashtra, while Bombay Exhibition Centre is the largest permanent convention, exhibition, and trade fair centre in the private sector. Furthermore, the company developed and provided built up spaces for multinational companies and corporate at their various properties. Over the years, the company modernized and upgraded their convention and exhibition center, launched their 330-seater Nesco Incubation Centre, and a world-class kitchen to cater to growing demand for quality services. Additionally, in 2017, the company commissioned two food courts and started food services within the Nesco Complex. In 2018, construction of IT Building 4 began, which is a precertified Platinum rated under the LEED India for Core & Shell rating, while Nesco Foundation for Innovation and Development was incorporated in 2019. However, due to the COVID-19 pandemic, exhibitions and conventions had to be either postponed or cancelled, leading to a dip in the supply of food catering and other related services.

Share Price: ₹905.15 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹6,269.53Cr as of today
Revenue: ₹177.76Cr as on December 2023 (Q4 23)
Net Profit: ₹93.75Cr as on December 2023 (Q4 23)
Listing date: 08 Apr, 2008
Chairperson Name: Krishna S Patel
OrganisationNESCO Ltd
Headquarters
IndustryRealty
E-voting on sharesClick here to vote

Key events for NESCO Ltd

  • Nesco FY2024 Earnings Beat Expectations - 12 Jul, 2024

    Nesco's revenue for FY2024 was ₹7.83b, up 29% YoY, with net income of ₹3.63b, up 25% YoY. The primary driver behind the revenue growth was Nesco Realty - IT Park segment contributing a total revenue of ₹3.18b (41% of total revenue). EPS was ₹51.49, beating analyst estimates by 3%. Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 21% growth forecast for the Real Estate industry in India.

  • NESCO Ltd Achieves TSR of 83% in Last 5 Years - 18 Jun, 2024

    Despite the market's lack of enthusiasm for NESCO stock, the company achieved compound EPS growth of 15% per year over the last five years. The total shareholder return (TSR) for NESCO is 83%, exceeding its share price return due to dividends paid by the company.

Insights on NESCO Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 76.08 Cr → 93.75 Cr (in ₹), with an average increase of 9.9% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 161.2 Cr → 204.61 Cr (in ₹), with an average increase of 10.9% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 3.50% to 3.86% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Prestige Estates Projects Ltd has given 414.5% return, outperforming this stock by 365.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 68.54% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Prestige Estates Projects Ltd has given 221.5% return, outperforming this stock by 180.0%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 23.97% to 23.70% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 2.73% to 2.61% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, NESCO stock has moved down by -3.6%

Company Financials

Value in ₹ crore
Q'4 23Q/Q Change
Revenue
₹177.76Cr
↑1.66%
Net Income
₹93.75Cr
↑6.78%
Net Profit Margin
52.74%
↑5.04%
2023Y/Y Change
Revenue
₹546.00Cr
↑61.83%
Net Income
₹290.64Cr
↑53.64%
Net Profit Margin
53.23%
↓5.07%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹2,659.47Cr
↑17.20%
Total Liabilities
₹362.97Cr
↑19.16%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹375.52Cr
↑26.25%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.54%
0.00
Foreign Institutions
3.86%
10.35
Mutual Funds
2.61%
-4.08
Retail Investors
23.7%
-1.15
Others
1.29%
1.87

Key Indicators

NESCO Ltd Valuation

NESCO Ltd in the last 5 years

  • Overview

  • Trends

Lowest (11.73x)

May 18, 2020

Today (18.30x)

July 23, 2024

Industry (264.25x)

July 23, 2024

Highest (27.98x)

July 13, 2021

LowHigh

Earnings and Dividends

  • NESCO Ltd Earnings Results

    NESCO Ltd’s net profit jumped 33.78% since last year same period to ₹93.75Cr in the Q3 2023-2024. On a quarterly growth basis, NESCO Ltd has generated 6.78% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • NESCO Ltd Dividends May,2024

    In the quarter ending March 2024, NESCO Ltd has declared dividend of ₹6 - translating a dividend yield of 1.18%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

NESCO Ltd is currently in a Bearish trading position according to technical analysis indicators.

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NESCO Ltd (NESCO) share price today is ₹905.15

NESCO Ltd is listed on NSE

NESCO Ltd is listed on BSE

  • Today’s highest price of NESCO Ltd is ₹908.6.
  • Today’s lowest price of NESCO Ltd is ₹890.75.

PE Ratio of NESCO Ltd is 18.3

PE ratio = NESCO Ltd Market price per share / NESCO Ltd Earnings per share

Today’s traded volume of NESCO Ltd(NESCO) is 50.44K.

Today’s market capitalisation of NESCO Ltd(NESCO) is ₹6269.53Cr.

NESCO Ltd(NESCOPrice
52 Week High
₹1003
52 Week Low
₹616.05

NESCO Ltd(NESCO) share price is ₹905.15. It is down -9.76% from its 52 Week High price of ₹1003

NESCO Ltd(NESCO) share price is ₹905.15. It is up 46.93% from its 52 Week Low price of ₹616.05

NESCO Ltd(NESCOReturns
1 Day Returns
15.35%
1 Month Returns
-5.34%
3 Month Returns
5.04%
1 Year Returns
41.51%