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Last 1,407 INR
Change Today +3.35 / 0.24%
Volume 2.5K
NSE On Other Exchanges
Natl India
As of 7:06 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

nesco ltd (NSE) Snapshot

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12/30/14 - 1,844
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11/10/14 - 1,162
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nesco ltd (NSE) Details

Nesco Limited primarily operates exhibition center and IT park in India. It rents IT Park space; and operates convention and exhibition center that provides space for international trade fairs, exhibitions, conventions, and conferences. The company also manufactures, supplies, and exports surface preparation equipment, including blasting and peening equipment, painting booths, spare abrasives, and erection and commissioning equipment used in automotive, foundry/forge, steel, and manufacturing industries, as well as railways and shipyards. In addition, it provides replacement parts, such as impellers, blades, control cages, cabinet liners, endless mill conveyor belts, bear wheels, centering plates, impeller caps screws, bearing unit assemblies, and liners; and equipment reconditioning services, as well as service, maintenance, and training services. Further, the company is involved in leasing of space for various real estate uses, including infotech, commercial, office, industrial, retail, and logistics/warehousing. Additionally, it invests in mutual funds and securities; and offers hospitality and 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.

Founded in 1939

nesco ltd (NSE) Top Compensated Officers

Chairman, Managing Director and Chairman of C...
Total Annual Compensation: 3.6M
Joint Managing Director, Executive Director a...
Total Annual Compensation: 3.6M
Chief Financial Officer
Total Annual Compensation: 3.8M
Compensation as of Fiscal Year 2015.

nesco ltd (NSE) Key Developments

Nesco Limited Announces Ram S. Tarneja Demise as Director

NESCO Ltd. announced that Dr. Ram S. Tarneja, a Director of the company, passed away on August 07, 2015.

NESCO Ltd Announces Executive Changes

NESCO Ltd. announced that the board of directors of the company at its meeting held on August 03, 2015, the company has approved appointment of Mr. Ashok R. Yadav as the company secretary of the company with immediate effect. The company also appointed Mr. Ashok R. Yadav as compliance officer, under clause 47 of the Listing Agreements. in place of Mr. Dipesh R. Singhania with effect from August 03, 2015.

Nesco Ltd Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2015

Nesco Ltd. reported unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company’s net sales/income from operations (net of excise duty) was INR 486.480 million compared to INR 373.585 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 289.634 million compared to INR 272.886 million a year ago. Profit from ordinary activities before tax was INR 333.059 million compared to INR 345.549 million a year ago. Net profit from ordinary activities after tax was INR 224.559 million or INR 15.94 per basic and diluted share compared to INR 250.049 million or INR 17.74 per basic and diluted share for the same period a year ago.


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