NESCO Surges by 10%; BSE CAPITAL GOODS Index Up 7.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  •
  • MyStocks
MEMBER'S LOGIN

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

NESCO Surges by 10%; BSE CAPITAL GOODS Index Up 7.3%
Thu, 26 Mar 03:30 PM

NESCO share price has zoomed 10% and is presently trading at Rs 499.

Meanwhile, the BSE CAPITAL GOODS Index is at 11,277 (up 7.3%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are NESCO (up 10.3%) and LAKSHMI MACHINE (up 10.7%).

FINOLEX CABLES (down 0.4%) and KALPATARU POWER (down 0.4%) are among the top losers today.

Over the last one year, NESCO has moved up from Rs 455 to Rs 499, registering a gain of Rs 44 (up 9.7%).

On the other hand, the BSE CAPITAL GOODS has moved down from 18,165 to 11,277, loss of 6,888 points (down 38.1%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HONEYWELL AUTOMATION (up 17.9%) and SIEMENS (up 3.7%).

Read Now: When the Dust Settles, This Stock Would Have Potentially Created Millionaires

What About the Benchmark Indices?

The BSE Sensex is at 30,100 (up 3.9%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 46.5%), L&T (up 9.8%) and BAJAJ FINANCE (up 8.8%). Other gainers include BHARTI AIRTEL (up 8.2%) and BAJAJ AUTO (up 8.0%). The most traded stocks in the BSE Sensex are L&T and SBI.

In the meantime, NSE Nifty is at 8,749 (up 3.9%). The top gainers in the NSE Nifty include INDUSIND BANK (up 47.0%), L&T (up 10.0%) and BAJAJ FINANCE (up 8.8%). Other gainers include BHARTI AIRTEL (up 7.8%) and BAJAJ AUTO (up 7.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 37,809 to 30,100, registering a loss of 7,709 points (down 21.59%).

NESCO Financial Update...

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 15.1x.

Archives

RSS RSS



What else is happening in the markets today? Dig in...

Advertisement
The No. 1 Small Cap Stock of 2020 (Access Ends Shortly)
In 72 hours from now, the opportunity to access details of The No. 1 Small Cap Stock of 2020 will disappear. I strongly recommend you don't miss this opportunity. Access full details here...

Equitymaster requests your view! Post a comment on "NESCO Surges by 10%; BSE CAPITAL GOODS Index Up 7.3%". Click here!

  

Stock Market Updates

SUN PHARMA Surges by 5%; BSE HEALTHCARE Index Up 3.5% (Today's Market)

Mar 31, 2020 02:03 PM

SUN PHARMA share price has surged by 5% and its current market price is Rs 351. The BSE HEALTHCARE is up by 3.5%. The top gainers in the BSE HEALTHCARE Index are SUN PHARMA (up 5.2%) and ASTRAZENECA PHARMA (up 8.0%). The top losers are THYROCARE TECHNOLOGIES (down 0.1%) and BIOCON (down 0.6%).

FINOLEX CABLES Surges by 5%; BSE CAPITAL GOODS Index Up 1.5% (Today's Market)

Mar 31, 2020 02:03 PM

FINOLEX CABLES share price has surged by 5% and its current market price is Rs 203. The BSE CAPITAL GOODS is up by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are FINOLEX CABLES (up 5.5%) and HONEYWELL AUTOMATION (up 7.7%). The top losers are LAKSHMI MACHINE (down 1.3%) and SADBHAV ENGINEERING (down 4.9%).

PIDILITE INDUSTRIES Surges by 5%; BSE FMCG Index Up 4.9% (Today's Market)

Mar 31, 2020 02:01 PM

PIDILITE INDUSTRIES share price has surged by 5% and its current market price is Rs 1,354. The BSE FMCG is up by 4.9%. The top gainers in the BSE FMCG Index are PIDILITE INDUSTRIES (up 5.4%) and BRITANNIA (up 7.8%). The top losers is JYOTHY LABS (down 2.8%).

DR. REDDYS LAB Surges by 5%; BSE HEALTHCARE Index Up 3.4% (Today's Market)

Mar 31, 2020 02:01 PM

DR. REDDYS LAB share price has surged by 5% and its current market price is Rs 3,148. The BSE HEALTHCARE is up by 3.4%. The top gainers in the BSE HEALTHCARE Index are DR. REDDYS LAB (up 5.0%) and ASTRAZENECA PHARMA (up 7.5%). The top losers are THYROCARE TECHNOLOGIES (down 0.1%) and DR. LAL PATHLABS LTD (down 0.7%).

DIVIS LABORATORIES Surges by 5%; BSE HEALTHCARE Index Up 3.2% (Today's Market)

Mar 31, 2020 01:51 PM

DIVIS LABORATORIES share price has surged by 5% and its current market price is Rs 1,989. The BSE HEALTHCARE is up by 3.2%. The top gainers in the BSE HEALTHCARE Index are DIVIS LABORATORIES (up 5.0%) and ASTRAZENECA PHARMA (up 7.4%). The top losers are DR. LAL PATHLABS LTD (down 1.0%) and BIOCON (down 1.0%).

Indian Indices Extend Gains; ONGC, ITC and Asian Paints Surge Over 5% (Today's Market)

Mar 31, 2020 12:30 pm

Share markets in India have extended early gains and are presently trading on a strong note, tracking positive cues in the global markets.

View More Indian Share Market News

Most Popular

If I Were to Recommend One Stock Amid Coronavirus Outbreak, This Would be It.(Profit Hunter)

Mar 19, 2020

Coronavirus outbreak has made no impact on the long term prospects of my favourite smallcap. What it has indeed done is brought the company below my buy price, making it even more attractive investment at current price.

Why India Will Be the Biggest Winner in a Post-Coronavirus World(The 5 Minute Wrapup)

Mar 19, 2020

The way businesses operate will change in a major way post the coronavirus impact. Here's why India stands to benefit from this change...

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

Coronavirus Sell-off Is a Perfect Time to 'Lockdown' this 'Crorepati' Stock(Profit Hunter)

Mar 24, 2020

Coronavirus crisis and panic selling has brought this quality smallcap to multiyear lows, making it a great bargain.

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

OUR TOP 5 IDEAS

How to Trade the Coronavirus Crash - Download this FREE Report Now
How to Profit Even During These Times of Crisis: Vijay Bhambwani Reveals his Strategy...
The Best Stocks For 2020 - How to Spot Multibagger Ideas. FREE Sign up!
Free Report: The Secret to Increasing Your Trading Profits Daily!
Find Out Our Top 7 Bluechips for 2020 Virtually FREE. Click Here Now!

S&P BSE SENSEX


Mar 31, 2020 02:57 PM

OTHER USEFUL LINKS

MARKET STATS


ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
  • Get Equitymaster Android App on Google Play
  • Get Equitymaster iOS App on App Store
FOLLOW

Copyright © Equitymaster Agora Research Private Limited.

Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap

Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.