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• What exactly does the Nelco company do?

Tata Group Multibagger Stock : Tata is one of the famous names in India. A major development in the Tata Group and its immediate impact on the stock market is significant. But even after that the share of Tata Group Company Nelco Limited (Tata Group Multibagger Stock) Currently showing tremendous growth. The stock hit a new 52-week high during trading on Friday. In the last 6 months, the stock has gained more than 60%. NELCO was formerly known as 'The National Radio and Engineering Company Limited'. Exactly how much has been raised and exactly how much has the investors benefited”text-align: justify;”> Burger King FDA Action : Whose number next? Big blow to Burger King from FDA, outlet closed since 1992

The stock closed at Rs 1,048.80 on the BSE Sensex on Thursday. On Friday, it opened lower at Rs 1,043.45. After some time, it rose sharply and reached Rs 1,075 with a gain of over 2%. However, by the end of the trade, the stock closed at Rs 1,026.45 with a decline of 2.13%.

20% growth in one month

Nelco's stock has been rallying well over the past week. It has gained more than 6% in the last week. It has increased by almost 20% in the last month. As a result, this stock is giving investors great returns.

63% return in 6 months

The stock has rocketed in the last six months. It has increased by almost 63% in six months. This means, he has converted an investment of Rs 1 lakh into Rs 1.63 lakh in six months. Meanwhile, it has increased by almost 40% since January 1 of this year.

30% increase in profit in June

Talking about the company's financial performance, Nelco's consolidated net profit rose nearly 30% year-on-year to Rs 2.34 crore in the June quarter. The company's profit in the same quarter last year was Rs 1.80 crore. In the first quarter of FY2027, the company's total revenue grew by 6.38% to Rs 80.17 crore. It was Rs 75.36 crore in the same quarter last year.

What does Nelco do?

Nelco provides satellite communication solutions and network connectivity services in India. The company caters to various satellite communication segments and applications in India. Tata Power has over 50.1% stake in the company.

( Desclaimer : The advice given in this analysis is that of an individual analyst or brokerage firm and not of NBT. We advise investors to seek the advice of qualified experts before taking any investment decision as stock market conditions can change rapidly. )

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