News for Nesco Limited (NESCO.BO)

In the Nifty50 index, 35 stocks closed in the green, while 15 stocks ended in the red.

The Nifty IT index closed 0.4 per cent up at 37424.6.

In the Nifty 50 index, 35 stocks ended in the green, while 15 stocks closed in the red in today's trade.

Soma Textiles, Godfrey Philips, Rajoo Engineers, Nesco Ltd and Prozone Intu Proper, hit their fresh 52-week highs at 11:27AM.

The Nifty Realty index was trading 1.15 per cent up at 987.45.

The Nifty IT index was trading 0.72 per cent up at 37541.7.

The Nifty Auto index was trading 0.77 per cent up at 23732.45.

Prabha Energy, EID Parry, Quality Power Electr, Nesco Ltd and ITD Cementation, hit their fresh 52-week highs during the day.

The Nifty Pharma index closed 0.61 per cent up at 21804.8.

The Nifty Auto index closed 0.97 per cent up at 23827.8.

The Nifty Realty index closed 0.54 per cent up at 1019.7.

Sensex, Nifty updates on 22 May 2025: Indian benchmark indices ended sharply lower on Thursday, tracking a global selloff triggered by concerns over rising US debt and bond yields. The BSE Sensex plunged 644.64 points, or 0.79%, to close at 80,951.99, after falling over 1,100 points intraday. The NSE Nifty dropped 203.75 points, or 0.82%, to settle at 24,609.70.

IndusInd Bank discloses financial discrepancies, TPG sells Onesource Specialty Pharma shares, Infosys collaborates with DNB Bank, and more.

Stocks including Indo Farm Equipment, Bharti Airtel, Power Grid, Coal India, Vakrangee, IndiGo, Zydus Life, Vodafone Idea, NMDC and more will be in the spotlight on Tuesday, January 07.

Stocks including Zomato, Hindustan Aeronautics, Tata Motors, YES Bank, Adani Green, Ashok Leyland, NHPC, GR Infra and more will be in the spotlight on Friday, December 13.

The Nifty IT index was trading 0.64 per cent at 43608.85.

The Nifty Realty index was trading 2.99 per cent at 1036.30.

Nesco has seen significant growth post-pandemic, with FY24 revenues of ₹678.2 crore and net profits of ₹362.8 crore, reflecting a strong CAGR of 35.6% in revenues. Trading at a lower valuation compared to industry peers, Nesco’s major revenue sources include its IT Park, Bombay Exhibition Centre, and Nesco Foods. The company’s diverse revenue streams and solid position in the expanding meetings and exhibitions market make it a promising investment.

Companies including Sanstar, Mankind Pharma, SJVN, Power Grid, DLF, Tech Mahindra, Sobha, Jupiter Wagons and more may remain under the spot before the opening bell on Thursday, July 25.