India, April 21 -- The shares of the satellite communication services provider gained up to 14 percent in today's trading session after the company became profitable in Q4FY26, compared to last year.
With a market capitalisation of Rs 1,680.35 crore, the shares of Nelco Ltd were trading at Rs 736.40 per share, increasing around 9 percent as compared to the previous closing price of Rs 675.15 apiece.
Q4FY26 Highlights
Nelco Ltd reported a modest topline performance in Q4FY26, with revenue rising slightly to Rs 79.18 crore from Rs 67.52 crore YoY, while sequential growth remained stable. However, the company showed improvement in profitability, turning from a loss of Rs 4.08 crore to a profit of Rs 1.09 crore, indicating better operationa...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.