Nesco Limited (NESCO.BO)
Nesco Limited operates in the Conglomerates industry of the Industrials sector, headquartered in Mumbai, MA, IN. The stock last traded at $1044.10, down 0.14% on the session, giving a market capitalisation of $73.75B. Its beta of 0.54 implies it has historically moved less than the broad market.
Nesco Limited is an Indian company primarily involved in the management of an IT park and an exhibition center. Its operations are structured across four distinct divisions: IT Park, Bombay Exhibition Center, Industrial Capital Goods Division, and Nesco Foods. The Bombay Exhibition Center division offers extensive venues and the necessary infrastructure for various external events such as exhibitions, conventions, and conferences, while also actively organizing its own proprietary events. The Industrial Capital Goods Division focuses on the manufacturing and distribution of specialized equipment and systems for surface preparation, including shot blasting and shot peening technologies. This segment also provides essential spare parts and abrasives for these processes, alongside offering services in facility development and management. Beyond these core business areas, Nesco also undertakes strategic financial investments in instruments like mutual funds, corporate deposits, non-convertible debentures, bonds, and preference shares. Its Nesco Foods segment oversees the operation of non-flight kitchens, a diverse range of restaurants, food courts, and lounge bars, in addition to providing comprehensive food catering services. Founded in 1939 as New Standard Engineering Co. Ltd., Nesco Limited is presently headquartered in Mumbai, India.
Nesco Limited is most often compared with the following Industrials names: