details

Peer companies

;

Share Market News

Nelco is currently trading at Rs. 248.00, up by 13.70 points or 5.85% from its previous closing of Rs. 234.30 on the BSE.The scrip opened at Rs. 236.75 and has touched a high and low of Rs. 255.60 and Rs. 236.75 respectively. So far 37140 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 341.90 on 05-Apr-2019 and a 52 week low of Rs. 205.15 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 255.60 and Rs. 225.00 respectively. The current market cap of the company is Rs. 563.16 crore.The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 6.37% and 43.54% respectively.Vistara has partnered with Nelco for inflight data services, which are expected to be rolled by the full service carrier shortly. Nearly five years after starting operations, Vistara-a joint venture between Tatas and Singapore Airlines-is also likely to be the first domestic carrier to provide inflight connectivity within India.Nelco was established in 1940 and is a part of the leading business house - the Tata group. The company is focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation.

Nelco is currently trading at Rs. 231.25, up by 2.70 points or 1.18% from its previous closing of Rs. 228.55 on the BSE.The scrip opened at Rs. 229.00 and has touched a high and low of Rs. 235.50 and Rs. 226.00 respectively. So far 3864 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 341.90 on 05-Apr-2019 and a 52 week low of Rs. 205.15 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 236.00 and Rs. 226.50 respectively. The current market cap of the company is Rs. 529.73 crore.The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 6.37% and 43.54% respectively.Nelco is expecting to roll out in-flight data connectivity services by January 2020. The company had earlier this year obtained a licence from the Department of Telecommunications for providing in-flight and maritime connectivity (IFMC) services. Nelco was established in 1940 and is a part of the leading business house - the Tata group. The company is focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation.

Nelco is currently trading at Rs. 260.15, up by 1.40 points or 0.54% from its previous closing of Rs. 258.75 on the BSE.The scrip opened at Rs. 258.00 and has touched a high and low of Rs. 263.75 and Rs. 252.75 respectively. So far 7697 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 341.90 on 05-Apr-2019 and a 52 week low of Rs. 201.70 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 271.60 and Rs. 215.00 respectively. The current market cap of the company is Rs. 598.30 crore.The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 6.51% and 43.41% respectively.Nelco has launched maritime communication services in India. Maritime Connectivity will enable high-end support to those in sea by providing access to voice, data and video services while traveling on sailing vessels, cruise liners, ships in India, using satellite technology.The company through global partnerships, infrastructure including transponder capacity on satellite of ISRO (Indian Space Research Organization) and a comprehensive service portfolio will help Energy, Cargo and Cruise vessels by enhancing operational efficiency, improving crew welfare and enabling customer services. The IFMC licence has not only enabled connectivity for on-board users on ships but also brings operational efficiencies for shipping companies which were less evolved until now.Nelco was established in 1940 and is a part of the leading business house - the Tata group. The company is focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation.

The revenue for the June 2019 quarter is pegged at Rs. 91.80 millions, about 12.22% up against Rs. 81.80 millions recorded during the year-ago period.The Total Profit for the quarter ended June 2019 of Rs. 58.10 millions grew from Rs.-2.70 millionsOperating profit for the quarter ended June 2019 rose to 23.30 millions as compared to 9.10 millions of corresponding quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 91.80 81.80 12.22 91.80 81.80 12.22 335.70 319.00 5.24 Other Income 3.80 5.10 -25.49 3.80 5.10 -25.49 24.50 29.00 -15.52 PBIDT 23.30 9.10 156.04 23.30 9.10 156.04 68.80 41.60 65.38 Interest 11.50 10.00 15.00 11.50 10.00 15.00 43.90 47.80 -8.16 PBDT 68.20 -0.90 -7677.78 68.20 -0.90 -7677.78 24.90 -6.20 -501.61 Depreciation 1.30 1.80 -27.78 1.30 1.80 -27.78 9.30 6.10 52.46 PBT 66.90 -2.70 -2577.78 66.90 -2.70 -2577.78 15.60 -12.30 -226.83 TAX 8.80 0.00 0.00 8.80 0.00 0.00 -77.90 0.00 0.00 Deferred Tax 2.10 0.00 0.00 2.10 0.00 0.00 -82.60 0.00 0.00 PAT 58.10 -2.70 -2251.85 58.10 -2.70 -2251.85 93.50 -12.30 -860.16 Equity 228.20 228.20 0.00 228.20 228.20 0.00 228.20 228.20 0.00 PBIDTM(%) 25.38 11.12 128.15 25.38 11.12 128.15 20.49 13.04 57.16

Nelco is currently trading at Rs. 275.60, up by 4.25 points or 1.57% from its previous closing of Rs. 271.35 on the BSE.The scrip opened at Rs. 267.60 and has touched a high and low of Rs. 278.00 and Rs. 267.60 respectively. So far 5047 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 372.05 on 14-Aug-2018 and a 52 week low of Rs. 155.95 on 02-Apr-2018.Last one week high and low of the scrip stood at Rs. 287.10 and Rs. 248.10 respectively. The current market cap of the company is Rs. 625.22 crore.The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 5.50% and 44.40% respectively.Nelco has received in principle approval for sale of its entire investment of 2,53,665 equity shares representing 12.30% in equity share capital of Nelito Systems at a consideration of Rs 6.77 crore to DTS Corporation, Japan (DTS). The Board of Directors of the Company at its meeting held on March 27, 2019 has approved the same.Nelco was established in 1940 and is a part of the leading business house - the Tata group. The company is focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation.

Nelco is currently trading at Rs. 271.00, up by 7.25 points or 2.75% from its previous closing of Rs. 263.75 on the BSE.The scrip opened at Rs. 272.90 and has touched a high and low of Rs. 274.00 and Rs. 268.25 respectively. So far 4519 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 372.05 on 14-Aug-2018 and a 52 week low of Rs. 142.05 on 23-Mar-2018.Last one week high and low of the scrip stood at Rs. 274.00 and Rs. 257.10 respectively. The current market cap of the company is Rs. 601.84 crore.The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 5.50% and 44.40% respectively.Nelco’s wholly owned subsidiary -- Tatanet Services has obtained the authorisation (license) from Department of Telecommunications (DoT), Government of India for providing in-flight and maritime connectivity (IFMC) services. This authorisation has been granted under the flight & maritime connectivity rules 2018, announced by the Central Government.Data and voice communication services are very widely available in India due to advancement in cellular and fiber infrastructure across the country. The IFMC license will make it possible to have uninterrupted access to Voice, Data and Video services while also traveling on aircrafts, sailing vessels, cruise liners etc. in India, using satellite technology.Nelco was established in 1940 and is a part of the leading business house - the Tata group. The company is focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation.

Nelco is currently trading at Rs. 239.50, up by 7.55 points or 3.26% from its previous closing of Rs. 231.95 on the BSE.The scrip opened at Rs. 232.00 and has touched a high and low of Rs. 243.50 and Rs. 232.00 respectively. So far 48845 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 372.05 on 14-Aug-2018 and a 52 week low of Rs. 142.05 on 23-Mar-2018.Last one week high and low of the scrip stood at Rs. 243.50 and Rs. 220.30 respectively. The current market cap of the company is Rs. 542.62 crore.The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 5.50% and 44.40% respectively.Nelco’s wholly owned subsidiary -- Tatanet Services (TNSL) has received an Authorization Certificate from Department of Telecommunications, Government of India for providing In Flight & Maritime Connectivity (IFMC) services. This is as per the Flight & Maritime Connectivity Rules, 2018 announced by the Central Government in December 2018, which has opened potentially large market for the satellite communication industry.TNSL, with this authorisation and its available state of the art technology infrastructure, high quality VSAT services and knowledge of the market, is well poised to offer seamless connectivity services in aircrafts and moving vessels. This will help in future growth of consolidated Nelco.Nelco was established in 1940 and is a part of the leading business house - the Tata group. The company is focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation.

The company`s total revenue for the quarter ended June 2018 saw a slight change in the total revenue, having registered a total revenue of Rs. 81.80 millions.The Net Loss for the quarter ended June 2018 is Rs. -2.70 millions as compared to Net Loss of Rs. -4.00 millions of corresponding quarter ended June 2017Operating Profit reported a sharp decline to 9.10 millions from 9.80 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 81.80 78.10 4.74 81.80 78.10 4.74 319.00 256.90 24.17 Other Income 5.10 6.20 -17.74 5.10 6.20 -17.74 29.00 70.20 -58.69 PBIDT 9.10 9.80 -7.14 9.10 9.80 -7.14 41.60 58.80 -29.25 Interest 10.00 13.20 -24.24 10.00 13.20 -24.24 47.80 68.70 -30.42 PBDT -0.90 -3.40 -73.53 -0.90 -3.40 -73.53 -6.20 -9.90 -37.37 Depreciation 1.80 0.60 200.00 1.80 0.60 200.00 6.10 3.00 103.33 PBT -2.70 -4.00 -32.50 -2.70 -4.00 -32.50 -12.30 -12.90 -4.65 TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -2.70 -4.00 -32.50 -2.70 -4.00 -32.50 -12.30 -12.90 -4.65 Equity 228.20 228.20 0.00 228.20 228.20 0.00 228.20 228.20 0.00 PBIDTM(%) 11.12 12.55 -11.34 11.12 12.55 -11.34 13.04 22.89 -43.02

Nelco has informed about the details of voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. The above information is a part of company’s filings submitted to BSE.

Nelco has informed that meeting of the Board of Directors of the Company will be held on January 31, 2017, to consider and take on record the Unaudited Stand alone and Consolidated Financial Results of the Company for the Quarter ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.

Nelco has informed that as per the revised Tata Code of Conduct for Prevention of Insider Trading (Code) pursuant to the amended SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the Company’s securities, as required under the Code for Prevention of Insider Trading will be closed from December 25, 2016 to January 02, 2017.The above information is a part of company’s filings submitted to BSE.

Nelco has informed regarding ‘incorporation of wholly owned subsidiary company’.The above information is a part of company’s filings submitted to BSE.