Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ICICI Direct is bullish on Nesco recommended buy rating on the stock with a target price of Rs 800 in its research report dated November 30, 2022.

Buy Nesco; target of Rs 800: ICICI Direct

We expect exhibition business to recover sharply to attain pre-Covid run rate.

Nesco - Exhibition Business Finally Gets Going: ICICI Direct

NESCO Ltd registered volume of 32.21 lakh shares by 14:14 IST on NSE, a 41.56 fold spurt over two-week average daily volume of 77504 shares

Volumes spurt at NESCO Ltd counter

Coffee Day Enterprises Ltd, Max Healthcare Institute Ltd, Future Consumer Ltd and Nazara Technologies Ltd are among the other gainers in the BSE’s ‘A’ group today, 09 September 2022.

NESCO Ltd leads gainers in ‘A’ group

NESCO Consolidated March 2022 Net Sales at Rs 91.07 crore, up 21.31% Y-o-Y

NESCO Consolidated December 2021 Net Sales At Rs 93.36 Crore, Up 13.19% Y-o-Y

Situated in Malabar Hill, Laburnam House is a three-storeyed building spread across 9,375 sq ft. The dealt shows growing demand for independent bungalows in Mumbai following the Covid outbreak, say experts

Nesco Promoter Buys A Bungalow In Mumbai For Rs 93 Crore

Nesco - On Course For Recovery: ICICI Direct

#CNBCAwaazLive #AajKaTajaKhabar #NESCO #NescoShare #BusinessNewsLive #StockMarketLive #ShareMarketLive


Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated.


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NESCO Share News: जानें निवेश को लेकर क्या है राय | Kal Ka Bazaar | CNBC Awaaz

Dilip Buildcon Ltd, Indian Railway Catering & Tourism Corporation Ltd, Hindustan Copper Ltd and NESCO Ltd are among the other gainers in the BSE’s ‘A’ group today, 06 October 2021.

Bosch Ltd leads gainers in ‘A’ group

NESCO consolidated net profit declines 17.48% in the June 2021 quarter

Nesco Limited is engaged in activities, including IT park (building private parks and providing space on license basis); exhibition centre (providing space to trade fairs and exhibitions); manufacturing of machinery, equipment and capital goods.

Nesco Ltd

Nesco Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Nesco; target of Rs 800: ICICI Direct

Nesco - Exhibition Business Finally Gets Going: ICICI Direct

Volumes spurt at NESCO Ltd counter

NESCO Ltd leads gainers in ‘A’ group

NESCO Consolidated March 2022 Net Sales at Rs 91.07 crore, up 21.31% Y-o-Y

NESCO Consolidated December 2021 Net Sales At Rs 93.36 Crore, Up 13.19% Y-o-Y

Nesco Promoter Buys A Bungalow In Mumbai For Rs 93 Crore

Nesco Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Nesco; target of Rs 800: ICICI Direct

Nesco - Exhibition Business Finally Gets Going: ICICI Direct

Volumes spurt at NESCO Ltd counter

NESCO Ltd leads gainers in ‘A’ group

NESCO Consolidated March 2022 Net Sales at Rs 91.07 crore, up 21.31% Y-o-Y

NESCO Consolidated December 2021 Net Sales At Rs 93.36 Crore, Up 13.19% Y-o-Y

Nesco Promoter Buys A Bungalow In Mumbai For Rs 93 Crore

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock