NELCO getting ready for mega trend
Nelco Ltd., a Tata Group company specializing in VSAT connectivity and Satcom solutions, has demonstrated steady financial growth with a market cap of ₹2,919 Cr and a current stock price of ₹1,279. Despite a high P/E ratio of 130, the company maintains an ROE of 20.7% and ROCE of 23.4%. Over the past year, sales reached ₹316 Cr with a net profit of ₹22 Cr. Although the stock trades at 23.6 times its book value, Nelco continues to deliver a healthy dividend payout ratio of 23.2%. Recent quarterly sales of ₹74.08 Cr saw a slight dip, yet profitability remains stable.
NELCO finally broker-out and ready for 5X to 10X target
I bought at 1130 with a stop loss below 1060
T1 - 2048
T2 - 3009
T3 - 3950
T4 - 4563
NELCO finally broker-out and ready for 5X to 10X target
I bought at 1130 with a stop loss below 1060
T1 - 2048
T2 - 3009
T3 - 3950
T4 - 4563
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