Nelco is currently trading at its upper circuit limit of Rs. 877.85, up by 41.80 points or 5.00% from its previous closing of Rs. 836.05 on the BSE.
The scrip opened at Rs. 877.85 and has touched a high and low of Rs. 877.85 and Rs. 851.00 respectively. So far 18273 shares were traded on the counter.
The BSE group ‘T’ stock of face value Rs. 10 has touched a 52 week high of Rs. 968.55 on 19-Oct-2021 and a 52 week low of Rs. 178.85 on 19-Apr-2021.
Nelco Last one week high and low of the scrip stood at Rs. 948.95 and Rs. 805.00 respectively. The current market cap of the company is Rs. 2003.11 crore.
The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 7.33% and 42.59% respectively.
Nelco has reported a fall of 32.45% in its net profit at Rs 2.56 crore for the quarter ended December 31, 2021 as compared to Rs 3.79 crore for the same quarter in the previous year. However, total income of the company increased by 19.10% at Rs 36.97 crore for Q3FY22 as compared Rs 31.04 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 37.70% in its net profit at Rs 5.26 crore for the quarter ended December 31, 2021 as compared to Rs 3.82 crore for the same quarter in the previous year. Total income of the company increased by 24.92% at Rs 73.50 crore for Q3FY22 as compared Rs 58.84 crore for the corresponding quarter previous year.
