NESCO share price has zoomed 5% and is presently trading at Rs 446.
Meanwhile, the BSE CAPITAL GOODS Index is at 10,322 (down 2.2%).
Among the top Gainers in the BSE CAPITAL GOODS Index today are NESCO (up 5.4%) and HONEYWELL AUTOMATION (up 5.5%).
FINOLEX CABLES (down 0.4%) and HAVELLS IND (down 0.8%) are among the top losers today.
Over the last one year, NESCO has moved down from Rs 455 to Rs 446, registering a loss of Rs 9 (down 6.5%).
On the other hand, the BSE CAPITAL GOODS has moved down from 18,165 to 10,322, loss of 7,843 points (down 46.2%) during the last 12 months.
The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were [param_historic_top3].
Revealed: 3 Stocks for Potentially Massive Gains
The BSE Sensex is at 27,463 (up 0.9%).
The top gainers among the BSE Sensex stocks today are INFOSYS (up 7.3%), HUL (up 5.6%) and HCL TECHNOLOGIES (up 5.0%). Other gainers include TECH MAHINDRA (up 4.4%) and MARUTI SUZUKI (up 3.3%). The most traded stocks in the BSE Sensex are SBI and ONGC.
In the meantime, NSE Nifty is at 8,037 (up 0.8%). The top gainers in the NSE Nifty include INFOSYS (up 7.4%), HUL (up 6.0%) and ADANI PORTS & SEZ (up 5.7%). Other gainers include TECH MAHINDRA (up 5.5%) and CIPLA (up 4.5%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 37,809 to 27,463, registering a loss of 10,346 points (down 30.67%).
NESCO net profit stood at Rs 691 million for the quarter ended December 2019, compared to a profit of Rs 420 million a year ago. Net Sales rose 30.0% to Rs 1.2 billion during the period as against Rs 885.0 million in October-December 2018.
For the year ended March 2019, NESCO reported 1.0% increase in net profit to Rs 1.8 billion compared to net profit of Rs 1.8 billion during FY18.
Revenue of the company grew 11.7% to Rs 4 billion during FY19.
The current Price to earnings ratio of NESCO, based on rolling 12 month earnings, stands at 12.9x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
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