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Nesco Limited is currently in a long term uptrend where the price is trading 18.3% above its 200 day moving average.
From a valuation standpoint, the stock is 29.6% more expensive than other stocks from the Industrials sector with a price to sales ratio of 10.8.
Nesco Limited's total revenue sank by 28.3% to $825M since the same quarter in the previous year.
Its net income has dropped by 29.2% to $489M since the same quarter in the previous year.
Finally, its free cash flow fell by 66.9% to $369M since the same quarter in the previous year.
Based on the above factors, Nesco Limited gets an overall score of 1/5.
| ISIN | INE317F01035 |
|---|---|
| Industry | Conglomerates |
| Sector | Industrials |
| CurrencyCode | INR |
| Exchange | NSE |
| Beta | 0.52 |
|---|---|
| Dividend Yield | 0.5% |
| Target Price | 772.75 |
| PE Ratio | 14.58 |
| Market Cap | 38B |
Nesco Limited operates exhibition center and IT park in India. It operates through IT Park, Bombay Exhibition Center, Industrial Capital Goods Division, and Nesco Foods segments. The company is also involved in the operation of exhibition center that provides space and related infrastructure for exhibitions, conventions, and conferences, as well as convenes own exhibitions and events. In addition, it manufactures and sells shot blasting, shot peening, and other surface preparation equipment and systems; spares and abrasives for shot blasting, peening, etc.; and offers facility development and management services. Further, it invests in mutual funds, corporate deposits, non-convertible debentures, bonds, and preference shares; and operates non-flight kitchens, restaurants, food courts, and lounge bars, as well as provides food catering services. The company was formerly known as New Standard Engineering Co. Ltd. Nesco Limited was founded in 1939 and is based in Mumbai, India.
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