East India Securities is bullish on Nesco has recommended buy rating on the stock with a target price of Rs 770 in its research report dated May 29, 2023.

Buy Nesco; target of Rs 770: East India Securities

Mumbai (Maharashtra) [India], April 24 (ANI/PNN): Spread over 100,000 Lakh sq ft area, “Incense Media Expo”, India’s leading combined trade fair for Incense, Fragrances, Soap & Detergent industry shall be held at Bombay Exhibition Centre, NESCO, Goregaon East, Mumbai INDIA from 6 to 7 May 2023. Th…

Incense Media Expo 2023, to be held at Mumbai from 6 to 7 May 2023

The 3rd edition of India Gem & Jewellery Show is scheduled from 7th to 10th April this year at Bombay Exhibition Centre (NESCO) in Mumbai

3rd Edition of ‘India Gem and Jewellery Show’ will be ‘celebrating 5000-year old industry and creating a brand new legacy’

Brokerages including Anand Rathi, HDFC Securities, SMIFS, Monarch Networth and ICICI Securities have launched their maiden reported in select stocks and see up to 54 per cent rise in these counters. Here’s what is making these brokerages positive on them:

Nesco, Equitas SFB, Star Health, Fusion Mirco: 7 stocks see brokerage initiations this week

Stocks to buy 2023: Kajaria Ceramics, Sterlite Tech, Mahindra CIE, IndusInd Bank among ICICIdirect’s top picks

Stocks to buy in 2023: Kajaria, Nesco, Sterlite Tech, Mahindra CIE & IndusInd Bank among ICICIdirect’s top picks

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

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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