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NELCO share price today

NELCO Ltd · NSE: NELCO · Telecom Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly

NELCO share price today: ₹706.90 at the NSE close on 4 November 2026, down 17.3% in a year. NELCO (NSE: NELCO) is worth ₹1,614 crore, trades at a P/E of 265.6 and has closed between ₹537.60 and ₹1,024.60 over the past 52 weeks.

Turning aroundBusiness trend from the last 12 quarters
₹706.90Price −17.3% in a year
265.6×P/E higher than 97% of the last 11 years
₹78.1 CrRevenue (Sep 2026) +5.1% on a year ago
₹1.7 CrProfit (Sep 2026) +6.8% on a year ago
11.6%Operating margin +1.5 points on a year ago
7%ROCE FY26
2.6%ROIC against a 12.0% cost of capital: −9.4 points

NELCO Ltd's share price has risen faster than its earnings: −17.3% in a year, against −65.3% for earnings per share.

The main question: the share price moved −17.3% in a year while yearly earnings per share moved −65.3%. The difference came from the market paying a higher multiple.

The price has been rising for 18 weeks, and the P/E is higher than 97% of its own last 11 years. Over the last four quarters, results have been improving, with profit +6.8% on a year earlier, and 216% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the NELCO share price today?

NELCO Ltd's share price was ₹706.90 at the close on 4 November 2026. It has been rising for 18 weeks. That is 15.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹538 and ₹1,025, and at that close it sat 35% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today NELCO Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running.

1Y

Nov 2026: ₹707, 15.1% below its 200-day average. The price has been rising for 18 weeks.

  • Price ₹707
  • 50-day avg ₹852
  • 200-day avg ₹832
Nov 2026: ₹707, 15.1% below its 200-day average. The price has been rising for 18 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹872₹866₹902
7 Nov 2025₹855₹865₹901
14 Nov 2025₹854₹864₹899
21 Nov 2025₹847₹862₹896
28 Nov 2025₹846₹859₹894
5 Dec 2025₹811₹854₹891
12 Dec 2025₹757₹837₹885
19 Dec 2025₹736₹819₹878
26 Dec 2025₹743₹808₹872
2 Jan 2026₹730₹793₹865
9 Jan 2026₹709₹779₹858
16 Jan 2026₹675₹767₹852
23 Jan 2026₹597₹741₹840
1 Feb 2026₹632₹723₹831
6 Feb 2026₹631₹709₹822
13 Feb 2026₹638₹700₹814
20 Feb 2026₹639₹691₹806
27 Feb 2026₹622₹679₹797
6 Mar 2026₹596₹667₹789
13 Mar 2026₹602₹653₹780
20 Mar 2026₹587₹642₹770
27 Mar 2026₹538₹628₹762
17 Apr 2026₹685₹625₹745
24 Apr 2026₹667₹637₹742
30 Apr 2026₹704₹647₹741
8 May 2026₹728₹659₹740
15 May 2026₹672₹663₹737
22 May 2026₹665₹663₹733
29 May 2026₹687₹666₹731
4 Jun 2026₹701₹671₹730
5 Jun 2026₹698₹672₹730
10 Jun 2026₹712₹675₹729
12 Jun 2026₹723₹678₹729
17 Jun 2026₹744₹684₹729
19 Jun 2026₹940₹701₹732
24 Jun 2026₹865₹722₹737
25 Jun 2026₹863₹728₹738
1 Jul 2026₹941₹750₹743
3 Jul 2026₹930₹763₹747
10 Jul 2026₹890₹788₹755
17 Jul 2026₹867₹805₹761
24 Jul 2026₹933₹826₹769
31 Jul 2026₹1,016₹850₹778
7 Aug 2026₹959₹874₹788
14 Aug 2026₹1,025₹899₹799
21 Aug 2026₹907₹908₹806
28 Aug 2026₹961₹914₹813
4 Sep 2026₹911₹917₹818
11 Sep 2026₹947₹923₹825
18 Sep 2026₹1,011₹928₹830
25 Sep 2026₹976₹941₹838
28 Sep 2026₹924₹940₹839
1 Oct 2026₹889₹936₹841
9 Oct 2026₹854₹928₹843
16 Oct 2026₹824₹912₹843
23 Oct 2026₹692₹886₹839
30 Oct 2026₹676₹852₹832
4 Nov 2026₹707₹852₹832
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹707, 15.1% below its 200-day average. The price has been rising for 18 weeks.

  • Price ₹707
  • 50-day avg ₹852
  • 200-day avg ₹832
Nov 2026: ₹707, 15.1% below its 200-day average. The price has been rising for 18 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹708₹761₹729
12 Nov 2023₹723₹751₹728
17 Nov 2023₹756₹751₹729
24 Nov 2023₹767₹754₹731
1 Dec 2023₹751₹754₹732
8 Dec 2023₹794₹755₹733
15 Dec 2023₹785₹761₹736
22 Dec 2023₹803₹769₹739
29 Dec 2023₹794₹773₹741
5 Jan 2024₹807₹778₹744
12 Jan 2024₹846₹786₹748
20 Jan 2024₹792₹790₹751
25 Jan 2024₹820₹790₹752
2 Feb 2024₹789₹791₹755
9 Feb 2024₹779₹790₹756
16 Feb 2024₹768₹784₹756
23 Feb 2024₹788₹782₹757
2 Mar 2024₹787₹779₹757
7 Mar 2024₹810₹779₹758
15 Mar 2024₹710₹771₹757
22 Mar 2024₹707₹758₹754
28 Mar 2024₹694₹751₹753
5 Apr 2024₹761₹751₹753
12 Apr 2024₹743₹751₹752
19 Apr 2024₹742₹750₹752
26 Apr 2024₹762₹755₹753
3 May 2024₹754₹756₹754
10 May 2024₹720₹751₹753
18 May 2024₹748₹747₹751
24 May 2024₹740₹746₹751
31 May 2024₹718₹744₹750
7 Jun 2024₹731₹739₹749
14 Jun 2024₹803₹747₹750
21 Jun 2024₹791₹754₹752
28 Jun 2024₹770₹759₹753
5 Jul 2024₹905₹771₹757
12 Jul 2024₹844₹792₹763
19 Jul 2024₹785₹796₹765
26 Jul 2024₹833₹798₹767
2 Aug 2024₹873₹812₹773
9 Aug 2024₹858₹816₹776
16 Aug 2024₹908₹828₹780
23 Aug 2024₹1,138₹872₹794
30 Aug 2024₹1,222₹936₹815
6 Sep 2024₹1,235₹991₹836
13 Sep 2024₹1,232₹1,031₹854
20 Sep 2024₹1,062₹1,046₹867
27 Sep 2024₹1,045₹1,052₹877
4 Oct 2024₹973₹1,046₹883
11 Oct 2024₹1,002₹1,036₹888
18 Oct 2024₹970₹1,027₹893
25 Oct 2024₹861₹1,004₹893
1 Nov 2024₹927₹985₹893
8 Nov 2024₹961₹980₹896
14 Nov 2024₹886₹969₹897
22 Nov 2024₹961₹962₹898
29 Nov 2024₹1,041₹970₹903
6 Dec 2024₹1,270₹1,022₹920
13 Dec 2024₹1,437₹1,090₹943
20 Dec 2024₹1,326₹1,145₹965
27 Dec 2024₹1,273₹1,168₹979
3 Jan 2025₹1,378₹1,196₹995
10 Jan 2025₹1,237₹1,212₹1,009
17 Jan 2025₹1,127₹1,203₹1,017
24 Jan 2025₹1,062₹1,187₹1,022
1 Feb 2025₹1,020₹1,148₹1,021
7 Feb 2025₹999₹1,122₹1,020
14 Feb 2025₹878₹1,087₹1,015
21 Feb 2025₹832₹1,041₹1,007
28 Feb 2025₹754₹1,003₹998
7 Mar 2025₹843₹966₹988
13 Mar 2025₹764₹940₹980
21 Mar 2025₹848₹916₹972
28 Mar 2025₹900₹913₹968
4 Apr 2025₹875₹910₹965
11 Apr 2025₹859₹899₹960
17 Apr 2025₹908₹900₹959
25 Apr 2025₹813₹897₹955
2 May 2025₹810₹885₹950
9 May 2025₹791₹869₹942
16 May 2025₹931₹872₹940
23 May 2025₹912₹879₹938
30 May 2025₹900₹884₹936
6 Jun 2025₹908₹886₹935
13 Jun 2025₹1,069₹909₹938
20 Jun 2025₹1,063₹941₹945
27 Jun 2025₹1,018₹961₹951
4 Jul 2025₹1,002₹970₹954
11 Jul 2025₹947₹968₹954
18 Jul 2025₹863₹953₹951
25 Jul 2025₹855₹938₹946
1 Aug 2025₹869₹921₹942
8 Aug 2025₹882₹912₹938
14 Aug 2025₹848₹903₹935
22 Aug 2025₹841₹891₹930
29 Aug 2025₹805₹880₹926
5 Sep 2025₹806₹869₹920
12 Sep 2025₹852₹860₹915
19 Sep 2025₹911₹862₹913
26 Sep 2025₹859₹865₹911
3 Oct 2025₹906₹864₹910
10 Oct 2025₹878₹867₹908
17 Oct 2025₹869₹869₹906
24 Oct 2025₹863₹868₹905
31 Oct 2025₹872₹866₹902
7 Nov 2025₹855₹865₹901
14 Nov 2025₹854₹864₹899
21 Nov 2025₹847₹862₹896
28 Nov 2025₹846₹859₹894
5 Dec 2025₹811₹854₹891
12 Dec 2025₹757₹837₹885
19 Dec 2025₹736₹819₹878
26 Dec 2025₹743₹808₹872
2 Jan 2026₹730₹793₹865
9 Jan 2026₹709₹779₹858
16 Jan 2026₹675₹767₹852
23 Jan 2026₹597₹741₹840
1 Feb 2026₹632₹723₹831
6 Feb 2026₹631₹709₹822
13 Feb 2026₹638₹700₹814
20 Feb 2026₹639₹691₹806
27 Feb 2026₹622₹679₹797
6 Mar 2026₹596₹667₹789
13 Mar 2026₹602₹653₹780
20 Mar 2026₹587₹642₹770
27 Mar 2026₹538₹628₹762
17 Apr 2026₹685₹625₹745
24 Apr 2026₹667₹637₹742
30 Apr 2026₹704₹647₹741
8 May 2026₹728₹659₹740
15 May 2026₹672₹663₹737
22 May 2026₹665₹663₹733
29 May 2026₹687₹666₹731
4 Jun 2026₹701₹671₹730
5 Jun 2026₹698₹672₹730
10 Jun 2026₹712₹675₹729
12 Jun 2026₹723₹678₹729
17 Jun 2026₹744₹684₹729
19 Jun 2026₹940₹701₹732
24 Jun 2026₹865₹722₹737
25 Jun 2026₹863₹728₹738
1 Jul 2026₹941₹750₹743
3 Jul 2026₹930₹763₹747
10 Jul 2026₹890₹788₹755
17 Jul 2026₹867₹805₹761
24 Jul 2026₹933₹826₹769
31 Jul 2026₹1,016₹850₹778
7 Aug 2026₹959₹874₹788
14 Aug 2026₹1,025₹899₹799
21 Aug 2026₹907₹908₹806
28 Aug 2026₹961₹914₹813
4 Sep 2026₹911₹917₹818
11 Sep 2026₹947₹923₹825
18 Sep 2026₹1,011₹928₹830
25 Sep 2026₹976₹941₹838
28 Sep 2026₹924₹940₹839
1 Oct 2026₹889₹936₹841
9 Oct 2026₹854₹928₹843
16 Oct 2026₹824₹912₹843
23 Oct 2026₹692₹886₹839
30 Oct 2026₹676₹852₹832
4 Nov 2026₹707₹852₹832
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹707, 15.1% below its 200-day average. The price has been rising for 18 weeks.

  • Price ₹707
  • 50-day avg ₹852
  • 200-day avg ₹832
Nov 2026: ₹707, 15.1% below its 200-day average. The price has been rising for 18 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹742₹683₹429
12 Nov 2021₹804₹710₹459
26 Nov 2021₹730₹723₹484
10 Dec 2021₹725₹727₹508
24 Dec 2021₹729₹723₹528
7 Jan 2022₹742₹723₹546
21 Jan 2022₹840₹762₹574
4 Feb 2022₹802₹771₹593
18 Feb 2022₹708₹758₹606
4 Mar 2022₹617₹725₹610
17 Mar 2022₹681₹702₹613
1 Apr 2022₹732₹700₹621
13 Apr 2022₹741₹719₹632
29 Apr 2022₹658₹715₹640
13 May 2022₹545₹676₹635
27 May 2022₹566₹647₹631
10 Jun 2022₹710₹649₹632
24 Jun 2022₹613₹639₹631
8 Jul 2022₹614₹628₹629
22 Jul 2022₹658₹633₹630
5 Aug 2022₹639₹640₹632
19 Aug 2022₹724₹650₹636
2 Sep 2022₹987₹723₹657
16 Sep 2022₹913₹806₹688
30 Sep 2022₹858₹833₹707
14 Oct 2022₹883₹852₹723
28 Oct 2022₹850₹858₹736
11 Nov 2022₹787₹843₹742
25 Nov 2022₹750₹816₹744
9 Dec 2022₹775₹804₹748
23 Dec 2022₹626₹778₹746
6 Jan 2023₹676₹750₹741
20 Jan 2023₹672₹722₹734
3 Feb 2023₹590₹691₹724
17 Feb 2023₹618₹665₹713
3 Mar 2023₹603₹637₹701
17 Mar 2023₹523₹616₹689
31 Mar 2023₹517₹586₹675
13 Apr 2023₹535₹577₹666
28 Apr 2023₹634₹579₹658
12 May 2023₹609₹589₹654
26 May 2023₹618₹595₹649
9 Jun 2023₹698₹617₹650
23 Jun 2023₹720₹649₹656
7 Jul 2023₹709₹671₹662
21 Jul 2023₹815₹721₹677
4 Aug 2023₹784₹743₹688
18 Aug 2023₹797₹756₹696
1 Sep 2023₹815₹775₹707
15 Sep 2023₹809₹789₹718
29 Sep 2023₹785₹788₹724
13 Oct 2023₹791₹786₹729
27 Oct 2023₹719₹772₹730
12 Nov 2023₹723₹751₹728
24 Nov 2023₹767₹754₹731
8 Dec 2023₹794₹755₹733
22 Dec 2023₹803₹769₹739
5 Jan 2024₹807₹778₹744
20 Jan 2024₹792₹790₹751
2 Feb 2024₹789₹791₹755
16 Feb 2024₹768₹784₹756
2 Mar 2024₹787₹779₹757
15 Mar 2024₹710₹771₹757
28 Mar 2024₹694₹751₹753
12 Apr 2024₹743₹751₹752
26 Apr 2024₹762₹755₹753
10 May 2024₹720₹751₹753
24 May 2024₹740₹746₹751
7 Jun 2024₹731₹739₹749
21 Jun 2024₹791₹754₹752
5 Jul 2024₹905₹771₹757
19 Jul 2024₹785₹796₹765
2 Aug 2024₹873₹812₹773
16 Aug 2024₹908₹828₹780
30 Aug 2024₹1,222₹936₹815
13 Sep 2024₹1,232₹1,031₹854
27 Sep 2024₹1,045₹1,052₹877
11 Oct 2024₹1,002₹1,036₹888
25 Oct 2024₹861₹1,004₹893
8 Nov 2024₹961₹980₹896
22 Nov 2024₹961₹962₹898
6 Dec 2024₹1,270₹1,022₹920
20 Dec 2024₹1,326₹1,145₹965
3 Jan 2025₹1,378₹1,196₹995
17 Jan 2025₹1,127₹1,203₹1,017
1 Feb 2025₹1,020₹1,148₹1,021
14 Feb 2025₹878₹1,087₹1,015
28 Feb 2025₹754₹1,003₹998
13 Mar 2025₹764₹940₹980
28 Mar 2025₹900₹913₹968
11 Apr 2025₹859₹899₹960
25 Apr 2025₹813₹897₹955
9 May 2025₹791₹869₹942
23 May 2025₹912₹879₹938
6 Jun 2025₹908₹886₹935
20 Jun 2025₹1,063₹941₹945
4 Jul 2025₹1,002₹970₹954
18 Jul 2025₹863₹953₹951
1 Aug 2025₹869₹921₹942
14 Aug 2025₹848₹903₹935
29 Aug 2025₹805₹880₹926
12 Sep 2025₹852₹860₹915
26 Sep 2025₹859₹865₹911
10 Oct 2025₹878₹867₹908
24 Oct 2025₹863₹868₹905
7 Nov 2025₹855₹865₹901
21 Nov 2025₹847₹862₹896
5 Dec 2025₹811₹854₹891
19 Dec 2025₹736₹819₹878
2 Jan 2026₹730₹793₹865
16 Jan 2026₹675₹767₹852
1 Feb 2026₹632₹723₹831
13 Feb 2026₹638₹700₹814
27 Feb 2026₹622₹679₹797
13 Mar 2026₹602₹653₹780
27 Mar 2026₹538₹628₹762
24 Apr 2026₹667₹637₹742
8 May 2026₹728₹659₹740
22 May 2026₹665₹663₹733
4 Jun 2026₹701₹671₹730
10 Jun 2026₹712₹675₹729
17 Jun 2026₹744₹684₹729
24 Jun 2026₹865₹722₹737
1 Jul 2026₹941₹750₹743
10 Jul 2026₹890₹788₹755
24 Jul 2026₹933₹826₹769
7 Aug 2026₹959₹874₹788
21 Aug 2026₹907₹908₹806
4 Sep 2026₹911₹917₹818
18 Sep 2026₹1,011₹928₹830
28 Sep 2026₹924₹940₹839
9 Oct 2026₹854₹928₹843
23 Oct 2026₹692₹886₹839
4 Nov 2026₹707₹852₹832
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹707, 15.1% below its 200-day average. The price has been rising for 18 weeks.

  • Price ₹707
  • 50-day avg ₹852
  • 200-day avg ₹832
Nov 2026: ₹707, 15.1% below its 200-day average. The price has been rising for 18 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹90₹90₹90
18 Nov 2016₹72₹86₹89
9 Dec 2016₹87₹83₹87
30 Dec 2016₹78₹82₹86
20 Jan 2017₹85₹83₹86
10 Feb 2017₹83₹83₹86
3 Mar 2017₹80₹82₹85
24 Mar 2017₹81₹80₹84
13 Apr 2017₹89₹81₹84
5 May 2017₹84₹83₹84
26 May 2017₹79₹82₹84
16 Jun 2017₹81₹82₹83
7 Jul 2017₹105₹89₹85
28 Jul 2017₹104₹96₹88
18 Aug 2017₹90₹95₹89
8 Sep 2017₹102₹96₹90
29 Sep 2017₹120₹107₹94
19 Oct 2017₹110₹109₹96
10 Nov 2017₹104₹108₹97
1 Dec 2017₹113₹110₹100
22 Dec 2017₹128₹113₹102
12 Jan 2018₹137₹120₹105
2 Feb 2018₹111₹122₹108
23 Feb 2018₹160₹134₹113
16 Mar 2018₹168₹149₹120
6 Apr 2018₹195₹158₹126
27 Apr 2018₹200₹173₹136
18 May 2018₹216₹185₹144
8 Jun 2018₹262₹215₹159
29 Jun 2018₹250₹238₹174
20 Jul 2018₹255₹246₹185
10 Aug 2018₹339₹270₹200
31 Aug 2018₹349₹301₹218
21 Sep 2018₹293₹308₹231
12 Oct 2018₹243₹278₹232
2 Nov 2018₹256₹265₹234
22 Nov 2018₹223₹255₹235
14 Dec 2018₹235₹244₹234
4 Jan 2019₹272₹247₹236
25 Jan 2019₹252₹260₹242
15 Feb 2019₹222₹247₹240
8 Mar 2019₹270₹247₹241
29 Mar 2019₹274₹254₹244
18 Apr 2019₹297₹274₹251
10 May 2019₹287₹282₹256
31 May 2019₹306₹287₹261
21 Jun 2019₹282₹288₹265
12 Jul 2019₹288₹291₹269
2 Aug 2019₹221₹273₹267
23 Aug 2019₹212₹250₹261
13 Sep 2019₹259₹241₹257
4 Oct 2019₹233₹246₹256
27 Oct 2019₹244₹245₹255
15 Nov 2019₹236₹245₹254
6 Dec 2019₹231₹241₹251
27 Dec 2019₹234₹236₹248
17 Jan 2020₹242₹238₹247
7 Feb 2020₹226₹234₹245
28 Feb 2020₹223₹232₹243
20 Mar 2020₹142₹209₹235
9 Apr 2020₹158₹181₹224
30 Apr 2020₹175₹182₹219
22 May 2020₹163₹173₹211
12 Jun 2020₹186₹178₹207
3 Jul 2020₹208₹187₹206
24 Jul 2020₹216₹198₹207
14 Aug 2020₹213₹203₹207
4 Sep 2020₹202₹206₹208
25 Sep 2020₹192₹201₹206
16 Oct 2020₹178₹196₹204
6 Nov 2020₹182₹190₹201
27 Nov 2020₹189₹188₹199
18 Dec 2020₹204₹196₹200
8 Jan 2021₹205₹196₹199
29 Jan 2021₹207₹202₹201
19 Feb 2021₹212₹210₹203
12 Mar 2021₹206₹210₹204
1 Apr 2021₹198₹203₹203
23 Apr 2021₹186₹198₹201
14 May 2021₹205₹199₹201
4 Jun 2021₹241₹208₹204
25 Jun 2021₹271₹231₹211
16 Jul 2021₹380₹297₹234
6 Aug 2021₹370₹330₹252
27 Aug 2021₹465₹392₹281
17 Sep 2021₹510₹455₹315
8 Oct 2021₹873₹573₹368
29 Oct 2021₹742₹683₹429
18 Nov 2021₹730₹719₹471
10 Dec 2021₹725₹727₹508
31 Dec 2021₹722₹720₹536
21 Jan 2022₹840₹762₹574
11 Feb 2022₹738₹768₹600
4 Mar 2022₹617₹725₹610
25 Mar 2022₹711₹697₹616
13 Apr 2022₹741₹719₹632
6 May 2022₹616₹702₹639
27 May 2022₹566₹647₹631
17 Jun 2022₹620₹650₹634
8 Jul 2022₹614₹628₹629
29 Jul 2022₹648₹636₹631
19 Aug 2022₹724₹650₹636
9 Sep 2022₹973₹773₹674
30 Sep 2022₹858₹833₹707
21 Oct 2022₹882₹856₹731
11 Nov 2022₹787₹843₹742
2 Dec 2022₹817₹809₹746
23 Dec 2022₹626₹778₹746
13 Jan 2023₹665₹735₹737
3 Feb 2023₹590₹691₹724
24 Feb 2023₹550₹650₹707
17 Mar 2023₹523₹616₹689
6 Apr 2023₹557₹582₹671
28 Apr 2023₹634₹579₹658
19 May 2023₹598₹591₹651
9 Jun 2023₹698₹617₹650
30 Jun 2023₹727₹661₹659
21 Jul 2023₹815₹721₹677
11 Aug 2023₹769₹749₹692
1 Sep 2023₹815₹775₹707
22 Sep 2023₹779₹789₹721
13 Oct 2023₹791₹786₹729
3 Nov 2023₹708₹761₹729
24 Nov 2023₹767₹754₹731
15 Dec 2023₹785₹761₹736
5 Jan 2024₹807₹778₹744
25 Jan 2024₹820₹790₹752
16 Feb 2024₹768₹784₹756
7 Mar 2024₹810₹779₹758
28 Mar 2024₹694₹751₹753
19 Apr 2024₹742₹750₹752
10 May 2024₹720₹751₹753
31 May 2024₹718₹744₹750
21 Jun 2024₹791₹754₹752
12 Jul 2024₹844₹792₹763
2 Aug 2024₹873₹812₹773
23 Aug 2024₹1,138₹872₹794
13 Sep 2024₹1,232₹1,031₹854
4 Oct 2024₹973₹1,046₹883
25 Oct 2024₹861₹1,004₹893
14 Nov 2024₹886₹969₹897
6 Dec 2024₹1,270₹1,022₹920
27 Dec 2024₹1,273₹1,168₹979
17 Jan 2025₹1,127₹1,203₹1,017
7 Feb 2025₹999₹1,122₹1,020
28 Feb 2025₹754₹1,003₹998
21 Mar 2025₹848₹916₹972
11 Apr 2025₹859₹899₹960
2 May 2025₹810₹885₹950
23 May 2025₹912₹879₹938
13 Jun 2025₹1,069₹909₹938
4 Jul 2025₹1,002₹970₹954
25 Jul 2025₹855₹938₹946
14 Aug 2025₹848₹903₹935
5 Sep 2025₹806₹869₹920
26 Sep 2025₹859₹865₹911
17 Oct 2025₹869₹869₹906
7 Nov 2025₹855₹865₹901
28 Nov 2025₹846₹859₹894
19 Dec 2025₹736₹819₹878
9 Jan 2026₹709₹779₹858
1 Feb 2026₹632₹723₹831
20 Feb 2026₹639₹691₹806
13 Mar 2026₹602₹653₹780
17 Apr 2026₹685₹625₹745
8 May 2026₹728₹659₹740
29 May 2026₹687₹666₹731
10 Jun 2026₹712₹675₹729
19 Jun 2026₹940₹701₹732
1 Jul 2026₹941₹750₹743
17 Jul 2026₹867₹805₹761
7 Aug 2026₹959₹874₹788
28 Aug 2026₹961₹914₹813
18 Sep 2026₹1,011₹928₹830
1 Oct 2026₹889₹936₹841
23 Oct 2026₹692₹886₹839
4 Nov 2026₹707₹852₹832
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Falling from Oct 2025 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Apr 2024; Falling from Apr 2024 to Jun 2024; Sideways from Jun 2024 to Jul 2024; Rising from Jul 2024 to Mar 2025; Falling from Mar 2025 to Jul 2025; Sideways in Aug 2025; Falling from Aug 2025 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Rising from Oct 2021 to Jun 2022; Falling from Jul 2022 to Aug 2022; Rising from Sep 2022 to Jan 2023; Falling from Jan 2023 to Jul 2023; Rising from Jul 2023 to Apr 2024; Falling from Apr 2024 to Jul 2024; Rising from Aug 2024 to Feb 2025; Falling from Mar 2025 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Price stage: Falling from Oct 2016 to Jul 2017; Rising from Jul 2017 to Aug 2019; Falling from Aug 2019 to Jan 2021; Rising from Feb 2021 to Apr 2021; Falling from Apr 2021 to Jun 2021; Rising from Jun 2021 to Jun 2022; Falling from Jul 2022 to Aug 2022; Rising from Sep 2022 to Jan 2023; Falling from Feb 2023 to Jun 2023; Rising from Jul 2023 to Mar 2024; Falling from Apr 2024 to Jul 2024; Rising from Aug 2024 to Feb 2025; Falling from Mar 2025 to Jul 2026; Rising from Jul 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 257 of 548 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016+8.5%
17 Jun 2016+5.7%
24 Jun 2016−6.0%
1 Jul 2016−2.1%
8 Jul 2016−2.5%
15 Jul 2016−9.6%
22 Jul 2016−12.5%
29 Jul 2016−12.9%
5 Aug 2016−14.0%
12 Aug 2016−15.3%
19 Aug 2016−9.5%
26 Aug 2016−20.7%
2 Sep 2016−17.3%
9 Sep 2016−17.9%
16 Sep 2016−19.3%
23 Sep 2016−11.7%
30 Sep 2016−23.0%
7 Oct 2016−13.2%
14 Oct 2016−11.8%
21 Oct 2016−1.0%
30 Oct 2016−4.7%
4 Nov 2016−8.1%
11 Nov 2016−2.6%
18 Nov 2016−12.8%
25 Nov 2016−8.7%
2 Dec 2016+6.4%
9 Dec 2016+2.3%
16 Dec 2016+1.4%
23 Dec 2016−4.5%
30 Dec 2016+0.6%
6 Jan 2017−5.1%
13 Jan 2017−0.1%
20 Jan 2017−10.2%
27 Jan 2017−8.9%
3 Feb 2017−1.8%
10 Feb 2017−3.0%
17 Feb 2017−4.4%
23 Feb 2017+0.5%
3 Mar 2017−16.0%
10 Mar 2017−22.8%
17 Mar 2017−20.9%
24 Mar 2017−13.9%
31 Mar 2017−13.9%
7 Apr 2017−10.3%
13 Apr 2017−5.3%
21 Apr 2017−10.5%
28 Apr 2017−7.9%
5 May 2017−9.9%
12 May 2017−11.2%
19 May 2017−1.1%
26 May 2017−11.4%
2 Jun 2017−11.2%
9 Jun 2017+1.7%
16 Jun 2017−3.7%
23 Jun 2017+16.4%
30 Jun 2017+20.5%
7 Jul 2017+20.1%
14 Jul 2017+6.8%
21 Jul 2017+20.1%
28 Jul 2017+13.2%
4 Aug 2017+11.7%
11 Aug 2017+1.2%
18 Aug 2017+5.9%
24 Aug 2017+10.9%
1 Sep 2017+24.9%
8 Sep 2017+15.7%
15 Sep 2017+19.5%
22 Sep 2017+34.1%
29 Sep 2017+19.2%
6 Oct 2017+9.2%
13 Oct 2017+6.4%
19 Oct 2017−1.4%
27 Oct 2017+0.8%
3 Nov 2017+3.7%
10 Nov 2017+16.8%
17 Nov 2017+13.6%
24 Nov 2017+22.5%
1 Dec 2017+8.8%
8 Dec 2017+12.7%
15 Dec 2017+8.3%
22 Dec 2017−14.4%
29 Dec 2017−6.9%
5 Jan 2018+2.9%
12 Jan 2018+14.3%
19 Jan 2018+4.0%
25 Jan 2018+8.1%
2 Feb 2018+3.6%
9 Feb 2018+25.1%
16 Feb 2018+51.1%
23 Feb 2018+36.8%
1 Mar 2018+59.5%
9 Mar 2018+32.5%
16 Mar 2018+51.0%
23 Mar 2018+17.7%
28 Mar 2018+31.4%
6 Apr 2018+52.4%
13 Apr 2018+47.2%
20 Apr 2018+58.4%
27 Apr 2018+63.7%
4 May 2018+74.2%
11 May 2018+41.5%
18 May 2018+32.8%
25 May 2018+52.7%
1 Jun 2018+50.8%
8 Jun 2018+64.9%
15 Jun 2018+60.1%
22 Jun 2018+87.7%
29 Jun 2018+59.7%
6 Jul 2018+29.9%
13 Jul 2018+33.2%
20 Jul 2018+32.8%
27 Jul 2018+26.6%
3 Aug 2018+52.8%
10 Aug 2018+73.8%
17 Aug 2018+44.7%
24 Aug 2018+34.0%
31 Aug 2018+21.1%
7 Sep 2018+27.1%
14 Sep 2018+11.5%
21 Sep 2018+5.2%
28 Sep 2018−3.6%
5 Oct 2018−10.7%
12 Oct 2018−1.1%
19 Oct 2018+3.7%
26 Oct 2018+5.8%
2 Nov 2018−8.2%
9 Nov 2018−16.0%
16 Nov 2018−18.3%
22 Nov 2018−25.8%
30 Nov 2018−25.2%
7 Dec 2018−26.2%
14 Dec 2018−22.3%
21 Dec 2018−15.2%
28 Dec 2018+0.2%
4 Jan 2019+23.9%
11 Jan 2019+18.2%
18 Jan 2019+8.7%
25 Jan 2019−0.1%
1 Feb 2019−9.1%
8 Feb 2019−11.1%
15 Feb 2019−6.3%
22 Feb 2019+5.4%
1 Mar 2019+11.6%
8 Mar 2019+13.5%
15 Mar 2019+4.5%
22 Mar 2019+0.0%
29 Mar 2019+8.5%
5 Apr 2019+16.1%
12 Apr 2019−4.0%
18 Apr 2019+1.0%
26 Apr 2019+9.9%
3 May 2019+26.3%
10 May 2019+23.0%
17 May 2019+13.0%
24 May 2019+17.8%
31 May 2019+7.2%
7 Jun 2019+5.7%
14 Jun 2019+16.8%
21 Jun 2019+9.7%
28 Jun 2019+7.7%
5 Jul 2019−8.6%
12 Jul 2019−3.7%
19 Jul 2019−1.7%
26 Jul 2019−12.2%
2 Aug 2019−22.7%
9 Aug 2019−20.6%
16 Aug 2019−8.4%
23 Aug 2019−20.3%
30 Aug 2019−18.9%
6 Sep 2019−18.3%
13 Sep 2019−5.5%
20 Sep 2019−5.2%
27 Sep 2019−9.0%
4 Oct 2019−18.5%
11 Oct 2019−17.1%
18 Oct 2019−7.5%
27 Oct 2019−7.2%
1 Nov 2019+5.0%
8 Nov 2019+1.1%
15 Nov 2019−5.7%
22 Nov 2019−1.6%
29 Nov 2019+1.8%
6 Dec 2019−1.1%
13 Dec 2019−22.2%
20 Dec 2019−17.4%
27 Dec 2019−15.2%
3 Jan 2020−3.5%
10 Jan 2020−5.2%
17 Jan 2020−13.7%
24 Jan 2020−5.5%
1 Feb 2020−17.7%
7 Feb 2020−10.0%
14 Feb 2020−9.6%
20 Feb 2020+5.2%
28 Feb 2020−2.7%
6 Mar 2020+3.1%
13 Mar 2020+4.2%
20 Mar 2020−5.8%
27 Mar 2020−13.0%
3 Apr 2020−15.2%
9 Apr 2020−6.8%
17 Apr 2020+8.2%
24 Apr 2020−4.8%
30 Apr 2020+5.4%
8 May 2020−3.6%
15 May 2020−1.1%
22 May 2020−10.1%
29 May 2020−9.3%
5 Jun 2020−4.1%
12 Jun 2020−8.8%
19 Jun 2020+13.1%
26 Jun 2020+24.1%
3 Jul 2020+27.1%
10 Jul 2020+13.3%
17 Jul 2020−17.4%
24 Jul 2020+7.2%
31 Jul 2020−1.4%
7 Aug 2020+4.9%
14 Aug 2020+5.7%
21 Aug 2020+4.3%
28 Aug 2020+5.6%
4 Sep 2020−9.1%
11 Sep 2020−15.3%
18 Sep 2020−2.4%
25 Sep 2020−10.9%
1 Oct 2020−15.7%
9 Oct 2020−21.0%
16 Oct 2020−22.3%
23 Oct 2020−17.6%
30 Oct 2020−19.9%
6 Nov 2020−23.6%
14 Nov 2020−24.8%
20 Nov 2020−24.0%
27 Nov 2020−26.0%
4 Dec 2020−21.1%
11 Dec 2020−8.5%
18 Dec 2020−24.3%
24 Dec 2020−22.4%
1 Jan 2021−20.6%
8 Jan 2021−14.9%
15 Jan 2021−6.7%
22 Jan 2021−5.5%
29 Jan 2021−10.6%
5 Feb 2021+8.7%
12 Feb 2021+0.5%
19 Feb 2021−2.2%
26 Feb 2021−8.1%
5 Mar 2021−8.2%
12 Mar 2021−10.0%
19 Mar 2021−14.3%
26 Mar 2021−9.0%
1 Apr 2021−6.7%
9 Apr 2021−4.1%
16 Apr 2021−9.6%
23 Apr 2021−22.8%
30 Apr 2021−5.2%
7 May 2021−15.8%
14 May 2021−10.0%
21 May 2021−1.4%
28 May 2021+1.4%
4 Jun 2021+8.2%
11 Jun 2021+13.7%
18 Jun 2021+21.1%
25 Jun 2021+33.2%
2 Jul 2021+80.8%
9 Jul 2021+84.0%
16 Jul 2021+89.7%
23 Jul 2021+86.0%
30 Jul 2021+72.8%
6 Aug 2021+74.6%
13 Aug 2021+131.3%
20 Aug 2021+140.3%
27 Aug 2021+103.4%
3 Sep 2021+132.8%
9 Sep 2021+104.0%
17 Sep 2021+90.2%
24 Sep 2021+107.0%
1 Oct 2021+90.4%
8 Oct 2021+108.8%
14 Oct 2021+116.9%
22 Oct 2021+113.0%
29 Oct 2021+90.5%
4 Nov 2021+84.3%
12 Nov 2021+53.2%
18 Nov 2021+27.7%
26 Nov 2021+55.2%
3 Dec 2021+24.3%
10 Dec 2021+32.8%
17 Dec 2021+37.5%
24 Dec 2021+24.6%
31 Dec 2021−6.2%
7 Jan 2022−15.3%
14 Jan 2022−1.9%
21 Jan 2022+6.3%
28 Jan 2022+5.8%
4 Feb 2022+13.9%
11 Feb 2022−4.0%
18 Feb 2022+0.5%
25 Feb 2022−8.1%
4 Mar 2022−9.2%
11 Mar 2022−5.1%
17 Mar 2022−1.6%
25 Mar 2022−2.7%
1 Apr 2022+1.8%
8 Apr 2022+8.2%
13 Apr 2022−9.8%
22 Apr 2022−11.1%
29 Apr 2022−10.4%
6 May 2022−15.0%
13 May 2022−20.2%
20 May 2022−3.7%
27 May 2022−11.0%
3 Jun 2022+6.3%
10 Jun 2022+14.4%
17 Jun 2022+2.2%
24 Jun 2022−3.9%
1 Jul 2022−8.0%
8 Jul 2022−11.7%
15 Jul 2022−12.1%
22 Jul 2022−8.1%
29 Jul 2022−4.9%
5 Aug 2022−5.1%
12 Aug 2022+9.9%
19 Aug 2022+2.3%
26 Aug 2022+42.4%
2 Sep 2022+41.2%
9 Sep 2022+20.1%
16 Sep 2022+29.5%
23 Sep 2022+35.8%
30 Sep 2022+35.1%
7 Oct 2022+48.3%
14 Oct 2022+36.8%
21 Oct 2022+27.8%
28 Oct 2022+27.0%
4 Nov 2022+23.8%
11 Nov 2022+18.1%
18 Nov 2022+1.1%
25 Nov 2022−16.5%
2 Dec 2022−20.8%
9 Dec 2022−22.4%
16 Dec 2022−19.3%
23 Dec 2022−35.0%
30 Dec 2022−19.9%
6 Jan 2023−32.7%
13 Jan 2023−27.4%
20 Jan 2023−23.9%
27 Jan 2023−23.8%
3 Feb 2023−24.2%
10 Feb 2023−17.2%
17 Feb 2023−12.3%
24 Feb 2023−18.6%
3 Mar 2023−20.3%
10 Mar 2023−13.5%
17 Mar 2023−23.1%
24 Mar 2023−10.0%
31 Mar 2023−22.9%
6 Apr 2023−15.2%
13 Apr 2023−15.6%
21 Apr 2023−19.3%
28 Apr 2023+0.8%
5 May 2023+1.5%
12 May 2023−4.5%
19 May 2023−8.7%
26 May 2023+4.9%
2 Jun 2023−4.6%
9 Jun 2023+5.8%
16 Jun 2023+22.8%
23 Jun 2023+25.2%
30 Jun 2023+27.6%
7 Jul 2023+15.8%
14 Jul 2023+46.2%
21 Jul 2023+39.3%
28 Jul 2023+14.5%
4 Aug 2023+17.4%
11 Aug 2023+17.2%
18 Aug 2023+24.0%
25 Aug 2023+24.6%
1 Sep 2023+23.6%
8 Sep 2023+10.7%
15 Sep 2023+7.1%
22 Sep 2023+1.7%
29 Sep 2023+4.8%
6 Oct 2023+5.2%
13 Oct 2023−10.2%
20 Oct 2023−5.4%
27 Oct 2023−8.4%
3 Nov 2023−11.2%
12 Nov 2023−10.6%
17 Nov 2023−9.1%
24 Nov 2023−11.7%
1 Dec 2023−15.9%
8 Dec 2023−11.9%
15 Dec 2023−10.6%
22 Dec 2023−8.3%
29 Dec 2023−11.9%
5 Jan 2024−8.4%
12 Jan 2024−5.4%
20 Jan 2024−11.9%
25 Jan 2024−4.4%
2 Feb 2024−5.0%
9 Feb 2024−5.2%
16 Feb 2024−12.6%
23 Feb 2024−9.0%
2 Mar 2024−0.3%
7 Mar 2024−2.8%
15 Mar 2024−14.0%
22 Mar 2024−16.1%
28 Mar 2024−19.0%
5 Apr 2024−12.9%
12 Apr 2024−16.9%
19 Apr 2024−12.9%
26 Apr 2024−13.1%
3 May 2024−7.4%
10 May 2024−11.7%
18 May 2024−8.1%
24 May 2024−12.3%
31 May 2024−15.9%
7 Jun 2024−21.6%
14 Jun 2024−0.2%
21 Jun 2024+0.1%
28 Jun 2024+0.1%
5 Jul 2024+9.1%
12 Jul 2024+0.0%
19 Jul 2024−4.8%
26 Jul 2024−2.7%
2 Aug 2024+5.4%
9 Aug 2024+9.8%
16 Aug 2024+11.4%
23 Aug 2024+42.7%
30 Aug 2024+57.4%
6 Sep 2024+61.9%
13 Sep 2024+45.9%
20 Sep 2024+25.7%
27 Sep 2024+29.4%
4 Oct 2024+4.8%
11 Oct 2024+16.7%
18 Oct 2024+23.8%
25 Oct 2024+6.6%
1 Nov 2024+5.5%
8 Nov 2024+15.4%
14 Nov 2024+3.5%
22 Nov 2024−11.7%
29 Nov 2024−12.1%
6 Dec 2024+3.6%
13 Dec 2024+20.6%
20 Dec 2024+32.9%
27 Dec 2024+29.7%
3 Jan 2025+47.4%
10 Jan 2025+32.4%
17 Jan 2025+22.5%
24 Jan 2025+29.9%
1 Feb 2025+15.4%
7 Feb 2025+8.5%
14 Feb 2025+4.8%
21 Feb 2025−3.3%
28 Feb 2025−15.2%
7 Mar 2025−20.4%
13 Mar 2025−37.8%
21 Mar 2025−31.0%
28 Mar 2025−24.4%
4 Apr 2025−28.1%
11 Apr 2025−29.9%
17 Apr 2025−23.3%
25 Apr 2025−27.1%
2 May 2025−22.0%
9 May 2025−28.4%
16 May 2025−3.5%
23 May 2025−2.0%
30 May 2025+6.8%
6 Jun 2025−7.4%
13 Jun 2025+30.1%
20 Jun 2025+15.8%
27 Jun 2025+2.3%
4 Jul 2025−1.3%
11 Jul 2025+0.6%
18 Jul 2025−10.3%
25 Jul 2025+0.5%
1 Aug 2025+4.7%
8 Aug 2025+10.7%
14 Aug 2025−10.7%
22 Aug 2025−7.8%
29 Aug 2025−10.8%
5 Sep 2025−10.1%
12 Sep 2025−22.6%
19 Sep 2025−13.8%
26 Sep 2025−13.0%
3 Oct 2025−7.6%
10 Oct 2025−6.9%
17 Oct 2025−0.7%
24 Oct 2025−3.0%
31 Oct 2025−4.1%
7 Nov 2025−8.1%
14 Nov 2025−2.6%
21 Nov 2025−4.4%
28 Nov 2025+1.3%
5 Dec 2025−0.9%
12 Dec 2025−11.4%
19 Dec 2025−22.1%
26 Dec 2025−17.6%
2 Jan 2026−23.4%
9 Jan 2026−19.7%
16 Jan 2026−18.5%
23 Jan 2026−27.1%
1 Feb 2026−26.5%
6 Feb 2026−26.0%
13 Feb 2026−24.2%
20 Feb 2026−22.2%
27 Feb 2026−20.9%
6 Mar 2026−22.5%
13 Mar 2026−13.8%
20 Mar 2026−10.3%
27 Mar 2026−15.4%
17 Apr 2026−1.8%
24 Apr 2026−3.4%
30 Apr 2026+3.0%
8 May 2026+24.2%
15 May 2026+10.1%
22 May 2026+10.2%
29 May 2026+11.9%
4 Jun 2026+13.6%
5 Jun 2026+11.9%
10 Jun 2026+19.1%
12 Jun 2026+16.9%
17 Jun 2026+18.9%
19 Jun 2026+64.4%
24 Jun 2026+25.7%
25 Jun 2026+28.4%
1 Jul 2026+33.0%
3 Jul 2026+24.3%
10 Jul 2026+28.9%
17 Jul 2026+27.4%
24 Jul 2026+34.6%
31 Jul 2026+40.5%
7 Aug 2026+31.9%
14 Aug 2026+39.4%
21 Aug 2026+21.4%
28 Aug 2026+27.6%
4 Sep 2026−3.6%
11 Sep 2026+10.6%
18 Sep 2026+18.3%
25 Sep 2026+6.6%
28 Sep 2026+5.6%
1 Oct 2026+6.2%
9 Oct 2026+4.8%
16 Oct 2026−8.9%
23 Oct 2026−23.2%
30 Oct 2026−21.8%
4 Nov 2026−23.8%
Each bar is one week, from 2016 to now (548 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +745% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What are NELCO's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), NELCO reported revenue of ₹78.1 crore, up 5.1% from ₹74.3 crore a year earlier, and a profit of ₹1.73 crore, up 6.8% from ₹1.62 crore.

NELCO results: July to September 2026 against a year earlier

NELCO results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹78.1 crore₹74.3 crore+5.1%
Profit₹1.73 crore₹1.62 crore+6.8%
Earnings per share₹0.76₹0.71+7.0%
Operating margin11.6%10.1%+1.5 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the NELCO share price history?

NELCO closed at ₹706.90 on 4 November 2026, down 17.3% from ₹854.50 a year earlier (7 November 2025) and down 2.5% over five years. Its highest weekly close since March 2016 was ₹1,436.55 on 13 December 2024.

NELCO share price: then and now

NELCO share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹676.05+4.6%
1 month ago · 1 Oct 2026₹889.00−20.5%
6 months ago · 8 May 2026₹727.55−2.8%
1 year ago · 7 Nov 2025₹854.50−17.3%
3 years ago · 3 Nov 2023₹707.60−0.1%
5 years ago · 4 Nov 2021₹725.20−2.5%
10 years ago · 4 Nov 2016₹82.05+761.5%
Earliest weekly close in our records · 11 Mar 2016₹83.65+745.1%
Highest weekly close since March 2016 · 13 Dec 2024₹1,436.55−50.8%
Lowest weekly close since March 2016 · 18 Nov 2016₹71.95+882.5%
52-week high (weekly close) · 14 Aug 2026₹1,024.60−31.0%
52-week low (weekly close) · 27 Mar 2026₹537.60+31.5%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on NELCO?

4 Nov 2026: NELCO closed at ₹706.90, up 4.6% on the week and down 20.5% on the month. Results for July to September 2026: Revenue up 5.1% and profit up 6.8% on a year earlier.

Earlier

  • 9 Jun 2026: ex-date for a dividend of ₹1 a share.

What dividend does NELCO pay?

NELCO paid ₹1 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.14% at the ₹706.90 close on 4 November 2026. The last was a dividend of ₹1 a share, ex-date 9 June 2026.

NELCO dividends since 1 April 2021

NELCO dividends since 1 April 2021
Ex-dateDividend per shareType
9 Jun 2026Dividend₹1Dividend
9 Jun 2025Dividend₹1Dividend
10 Jun 2024Dividend₹2.20Dividend
6 Jun 2023Dividend₹2Dividend
21 Jun 2022Dividend₹1.80Dividend
7 Jun 2021Dividend₹1.20Dividend

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. NELCO Ltd paid out 69% of its profit as dividends in FY26, and it paid a dividend in 8 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Which stock lists is NELCO on?

NELCO is not on any of our India lists this week.

Is NELCO profitable?

NELCO Ltd earned ₹1.7 Cr of net profit in the Sep 2026 quarter, +6.8% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹3.0 Cr. Over 10 years profit has grown 4.1% a year on average. That is 2.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹1.6 Cr. 2 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹3.0 Cr (−70.0% on the year before).

FY26 profit ₹3.0 Cr (−70.0% on the year before), 4.1% a year over 10 years

  • Net profit ₹3.0
FY26 profit ₹3.0 Cr (−70.0% on the year before), 4.1% a year over 10 years
QuarterNet profit
FY16₹2
FY17₹6
FY18₹12
FY19₹22
FY20₹14
FY21₹12
FY22₹16
FY23₹20
FY24₹24
FY25₹10
FY26₹3

Growth on a year earlier

  • Growth on a year earlier −70%
Growth on a year earlier
QuarterGrowth on a year earlier
FY160%
FY17200%
FY18100%
FY1983.3%
FY20−36.4%
FY21−14.3%
FY2233.3%
FY2325%
FY2420%
FY25−58.3%
FY26−70%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹1.7 Cr (+6.8% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) ₹1.7
Sep 2026: ₹1.7 Cr (+6.8% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Dec 2023₹6
Mar 2024₹6
Jun 2024₹5
Sep 2024₹4
Dec 2024₹5
Mar 2025−₹4
Jun 2025₹2
Sep 2025₹2
Dec 2025−₹1
Mar 2026₹1
Jun 2026₹2
Sep 2026₹2

Growth on a year earlier

  • Growth on a year earlier 6.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202323%
Mar 20247.8%
Jun 2024−20.4%
Sep 2024−27.9%
Dec 2024−19.5%
Mar 2025−166.9%
Jun 2025−60.5%
Sep 2025−60.5%
Dec 2025−124%
Mar 2026–
Jun 202630%
Sep 20266.8%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +5.1% on a year earlier and the margin moved +1.5 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −29.1% and revenue +6.6%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does NELCO make, and is it growing?

NELCO Ltd reported ₹78.1 Cr of revenue in the Sep 2026 quarter, +5.1% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 4.4% a year on average. The last full year, FY26, came in at ₹307 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹316 Cr.

FY26 revenue was ₹307 Cr, +0.7% on the year before.

FY26 revenue ₹307 Cr (+0.7% on the year before), 4.4% a year over 10 years

  • Revenue ₹307
FY26 revenue ₹307 Cr (+0.7% on the year before), 4.4% a year over 10 years
QuarterRevenue
FY16₹200
FY17₹144
FY18₹150
FY19₹191
FY20₹220
FY21₹226
FY22₹260
FY23₹313
FY24₹320
FY25₹305
FY26₹307

Growth on a year earlier

  • Growth on a year earlier 0.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1662.6%
FY17−28%
FY184.2%
FY1927.3%
FY2015.2%
FY212.7%
FY2215%
FY2320.4%
FY242.2%
FY25−4.7%
FY260.7%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹78.1 Cr (+5.1% on a year earlier), the 3rd quarter in a row of growth

  • Revenue (quarterly) ₹78.1
Sep 2026: ₹78.1 Cr (+5.1% on a year earlier), the 3rd quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹83
Mar 2024₹82
Jun 2024₹74
Sep 2024₹83
Dec 2024₹81
Mar 2025₹68
Jun 2025₹75
Sep 2025₹74
Dec 2025₹78
Mar 2026₹79
Jun 2026₹80
Sep 2026₹78

Growth on a year earlier

  • Growth on a year earlier 5.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202312.1%
Mar 2024−0.5%
Jun 2024−6%
Sep 20247.7%
Dec 2024−3%
Mar 2025−17.3%
Jun 20251%
Sep 2025−10%
Dec 2025−3%
Mar 202617.3%
Jun 20267%
Sep 20265.1%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +6.6% on average, against 4.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +6.2%, against −0.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −7.5%, against −56.4% a year (accelerating).

How much of every ₹100 of sales does NELCO keep?

NELCO Ltd's operating margin was 11.6% in the Sep 2026 quarter, 1.5 percentage points higher than the same quarter a year ago. Across 13 years it has been between −0.9% and 23.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.5 percentage points on the year while gross margin changed +5.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26: 9.0%, within a range of −0.9% to 23.0% over 13 years

  • Operating margin 9.0%
FY26: 9.0%, within a range of −0.9% to 23.0% over 13 years
QuarterOperating margin
Sep 20131%
Sep 2014−0.9%
FY1611%
FY1713%
FY1817%
FY1919%
FY2023%
FY2120%
FY2219%
FY2320%
FY2419%
FY2514%
FY269%

Change on the year before (points)

  • Change on the year before (points) −5.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
Sep 2013–
Sep 2014−1.9 pts
FY16+11.9 pts
FY17+2.0 pts
FY18+4.0 pts
FY19+2.0 pts
FY20+4.0 pts
FY21−3.0 pts
FY22−1.0 pts
FY23+1.0 pts
FY24−1.0 pts
FY25−5.0 pts
FY26−5.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Sep 2026: operating margin 11.6% (+1.5 points on a year earlier)

  • Operating margin 11.59%
Sep 2026: operating margin 11.6% (+1.5 points on a year earlier)
QuarterOperating margin
Dec 202319.61%
Mar 202418.04%
Jun 202416.63%
Sep 202413.13%
Dec 202415.09%
Mar 20259.54%
Jun 202510.35%
Sep 202510.05%
Dec 20259.99%
Mar 20266.91%
Jun 202610.4%
Sep 202611.59%

Change on a year earlier (points)

  • Change on a year earlier (points) +1.5 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023−0.8 pts
Mar 2024−2.5 pts
Jun 2024−1.7 pts
Sep 2024−5.0 pts
Dec 2024−4.5 pts
Mar 2025−8.5 pts
Jun 2025−6.3 pts
Sep 2025−3.1 pts
Dec 2025−5.1 pts
Mar 2026−2.6 pts
Jun 2026+0.1 pts
Sep 2026+1.5 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is NELCO's profit turning into cash?

Over the last 3 years, 216% of NELCO Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹15.0 Cr of operating cash against ₹3.0 Cr of profit. After ₹51.0 Cr of spending on assets, free cash was −₹36.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹15.0 Cr against profit ₹3.0 Cr; 216% of 3 years' profit came in as cash

  • Operating cash ₹15.0
  • Net profit ₹3.0
  • Free cash −₹36
FY26: operating cash ₹15.0 Cr against profit ₹3.0 Cr; 216% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹3₹2–
FY17₹38₹6₹25
FY18₹32₹12₹6
FY19₹21₹22−₹40
FY20₹33₹14−₹3
FY21₹54₹12₹40
FY22₹51₹16₹25
FY23₹58₹20₹47
FY24₹45₹24₹22
FY25₹20₹10₹8
FY26₹15₹3−₹36
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY26: operating cash was 500% of profit (216% over three years)

  • Operating cash as % of profit 300%
  • Break-even line 100%
FY26: operating cash was 500% of profit (216% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16150%100%
FY17300%100%
FY18267%100%
FY1995%100%
FY20236%100%
FY21300%100%
FY22300%100%
FY23290%100%
FY24188%100%
FY25200%100%
FY26300%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 216% of profit came in as cash: the cash cycle got 277 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does NELCO's cash go?

NELCO Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 72 days in FY26, up from −205 days in FY21. It spent ₹86.0 Cr on assets over the last 3 years. Customers take 123 days to pay, and stock sits for 360 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹307 Cr, each day of that cycle ties up about ₹0.8 Cr, so roughly ₹61.0 Cr is tied up in the business at any time.

FY26: customers took 123 days to pay and stock sat for 360 days, about 11.8 months of sales sitting as stock, for a full cycle of 72 days, longer than FY21's −205.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 360 days. Customers pay about 123 days after that. Suppliers are paid at 411 days. Together that makes the 72-day cycle.

FY26: a 72-day cash cycle, +277 days compared with FY21

  • Cash cycle 72d
  • Inventory days 360d
  • Debtor days 123d
  • Payable days 411d
FY26: a 72-day cash cycle, +277 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
Sep 2013−8d132d152d292d
Sep 2014−81d145d114d341d
FY16−120d69d79d268d
FY17−125d130d85d340d
FY18−334d176d134d644d
FY19−191d85d115d391d
FY20−203d123d117d443d
FY21−205d148d102d455d
FY22−198d129d109d437d
FY23−75d153d96d324d
FY240d268d97d364d
FY25−90d415d128d632d
FY2672d360d123d411d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹86.0 Cr over the last 3 years, against ₹64.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹41.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹51.0 Cr, work in progress ₹41.0 Cr, up from the year before

  • Capex ₹51.0
  • Work-in-progress ₹41.0
FY26: capex ₹51.0 Cr, work in progress ₹41.0 Cr, up from the year before
QuarterCapexWork-in-progress
Sep 2014₹9₹3
FY17₹13₹3
FY18₹26₹5
FY19₹61₹17
FY20₹36₹3
FY21₹14₹4
FY22₹26₹3
FY23₹11₹1
FY24₹23₹10
FY25₹12₹9
FY26₹51₹41
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

What is NELCO's P/E ratio, and how does it compare with its own history?

NELCO Ltd's P/E is 265.6×, near the high end of its own history: higher than 97% of past readings. Its usual P/E (the middle reading) is 69.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹1.75.

P/E 265.6× against a usual 69.3×: near the high end of its own history: higher than 97% of past readings

  • P/E 208.0×
  • Median 69.3×
P/E 265.6× against a usual 69.3×: near the high end of its own history: higher than 97% of past readings
WeekP/EMedian
1 Apr 201668.3×69.3×
22 Apr 201673.2×69.3×
13 May 201667.0×69.3×
3 Jun 201669.6×69.3×
24 Jun 201670.6×69.3×
15 Jul 201637.9×69.3×
5 Aug 201636.0×69.3×
26 Aug 201634.8×69.3×
16 Sep 201636.0×69.3×
7 Oct 201630.2×69.3×
30 Oct 201630.1×69.3×
18 Nov 201624.2×69.3×
9 Dec 201628.9×69.3×
30 Dec 201626.1×69.3×
20 Jan 201724.6×69.3×
10 Feb 201723.9×69.3×
3 Mar 201723.1×69.3×
24 Mar 201723.4×69.3×
13 Apr 201732.2×69.3×
5 May 201730.6×69.3×
26 May 201728.6×69.3×
16 Jun 201729.5×69.3×
7 Jul 201737.0×69.3×
28 Jul 201736.4×69.3×
18 Aug 201731.8×69.3×
8 Sep 201735.8×69.3×
29 Sep 201742.4×69.3×
19 Oct 201738.7×69.3×
10 Nov 201729.7×69.3×
1 Dec 201731.7×69.3×
22 Dec 201736.1×69.3×
12 Jan 201838.3×69.3×
2 Feb 201831.3×69.3×
23 Feb 201839.4×69.3×
16 Mar 201841.5×69.3×
6 Apr 201848.0×69.3×
27 Apr 201837.7×69.3×
18 May 201841.0×69.3×
8 Jun 201849.1×69.3×
29 Jun 201846.9×69.3×
20 Jul 201841.7×69.3×
10 Aug 201854.8×69.3×
31 Aug 201856.7×69.3×
21 Sep 201847.4×69.3×
12 Oct 201839.4×69.3×
2 Nov 201827.4×69.3×
22 Nov 201824.0×69.3×
14 Dec 201825.3×69.3×
4 Jan 201929.1×69.3×
25 Jan 201926.3×69.3×
15 Feb 201923.2×69.3×
8 Mar 201928.1×69.3×
29 Mar 201928.5×69.3×
18 Apr 201931.1×69.3×
10 May 201929.3×69.3×
31 May 201931.3×69.3×
21 Jun 201928.9×69.3×
12 Jul 201929.5×69.3×
2 Aug 201924.1×69.3×
23 Aug 201923.1×69.3×
13 Sep 201928.2×69.3×
4 Oct 201925.4×69.3×
27 Oct 201945.0×69.3×
15 Nov 201943.6×69.3×
6 Dec 201942.6×69.3×
27 Dec 201943.2×69.3×
17 Jan 202044.6×69.3×
7 Feb 202042.9×69.3×
28 Feb 202042.3×69.3×
20 Mar 202026.9×69.3×
9 Apr 202029.8×69.3×
30 Apr 202033.1×69.3×
22 May 202027.4×69.3×
12 Jun 202031.2×69.3×
3 Jul 202035.0×69.3×
24 Jul 202036.4×69.3×
14 Aug 202037.9×69.3×
4 Sep 202036.0×69.3×
25 Sep 202034.4×69.3×
16 Oct 202031.7×69.3×
6 Nov 202030.8×69.3×
27 Nov 202031.9×69.3×
18 Dec 202034.4×69.3×
8 Jan 202134.7×69.3×
29 Jan 202134.4×69.3×
19 Feb 202135.3×69.3×
12 Mar 202134.4×69.3×
1 Apr 202132.9×69.3×
23 Apr 202131.1×69.3×
14 May 202137.8×69.3×
4 Jun 202145.0×69.3×
25 Jun 202150.7×69.3×
16 Jul 202171.2×69.3×
6 Aug 202156.6×69.3×
27 Aug 202171.2×69.3×
17 Sep 202178.0×69.3×
8 Oct 2021133.6×69.3×
29 Oct 2021105.6×69.3×
18 Nov 2021103.0×69.3×
10 Dec 2021102.2×69.3×
31 Dec 2021103.0×69.3×
21 Jan 2022109.5×69.3×
11 Feb 202296.0×69.3×
4 Mar 202280.4×69.3×
25 Mar 202292.8×69.3×
13 Apr 202296.1×69.3×
6 May 202287.5×69.3×
27 May 202280.5×69.3×
17 Jun 202288.4×69.3×
8 Jul 202287.7×69.3×
29 Jul 202290.0×69.3×
19 Aug 2022100.8×69.3×
9 Sep 2022135.4×69.3×
30 Sep 2022119.2×69.3×
21 Oct 2022115.1×69.3×
11 Nov 2022102.9×69.3×
2 Dec 2022106.7×69.3×
23 Dec 202281.8×69.3×
13 Jan 202386.8×69.3×
3 Feb 202378.2×69.3×
24 Feb 202372.6×69.3×
17 Mar 202369.1×69.3×
6 Apr 202373.9×69.3×
28 Apr 202372.7×69.3×
19 May 202368.7×69.3×
9 Jun 202380.1×69.3×
30 Jun 202383.5×69.3×
21 Jul 202389.0×69.3×
11 Aug 202384.1×69.3×
1 Sep 202389.2×69.3×
22 Sep 202385.4×69.3×
13 Oct 202386.5×69.3×
3 Nov 202372.9×69.3×
24 Nov 202379.3×69.3×
15 Dec 202381.1×69.3×
5 Jan 202483.4×69.3×
25 Jan 202480.5×69.3×
16 Feb 202475.4×69.3×
7 Mar 202479.7×69.3×
28 Mar 202468.1×69.3×
19 Apr 202472.9×69.3×
10 May 202469.5×69.3×
31 May 202469.4×69.3×
21 Jun 202476.3×69.3×
12 Jul 202485.8×69.3×
2 Aug 202488.5×69.3×
23 Aug 2024115.4×69.3×
13 Sep 2024125.0×69.3×
4 Oct 202498.8×69.3×
25 Oct 202494.1×69.3×
14 Nov 202496.8×69.3×
6 Dec 2024138.4×69.3×
27 Dec 2024139.0×69.3×
17 Jan 2025130.5×69.3×
7 Feb 2025115.5×69.3×
28 Feb 202587.5×69.3×
21 Mar 202598.2×69.3×
11 Apr 202599.6×69.3×
2 May 2025193.9×69.3×
23 May 2025208.0×69.3×
13 Jun 2025208.0×69.3×
4 Jul 2025208.0×69.3×
25 Jul 2025202.9×69.3×
14 Aug 2025201.6×69.3×
5 Sep 2025191.7×69.3×
26 Sep 2025204.1×69.3×
17 Oct 2025207.4×69.3×
7 Nov 2025203.2×69.3×
28 Nov 2025201.0×69.3×
19 Dec 2025174.3×69.3×
9 Jan 2026168.2×69.3×
1 Feb 2026150.3×69.3×
20 Feb 2026152.0×69.3×
13 Mar 2026143.2×69.3×
2 Apr 2026133.4×69.3×
24 Apr 2026158.4×69.3×
15 May 2026159.5×69.3×
17 Jul 2026208.0×69.3×
7 Aug 2026208.0×69.3×
28 Aug 2026208.0×69.3×
18 Sep 2026208.0×69.3×
1 Oct 2026208.0×69.3×
23 Oct 2026208.0×69.3×
30 Oct 2026208.0×69.3×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹3
Earnings per share, 12 months
WeekEarnings per share, 12 months
1 Apr 2016–
22 Apr 2016–
13 May 2016–
3 Jun 2016–
24 Jun 2016₹1
15 Jul 2016₹1
5 Aug 2016₹1
26 Aug 2016₹1
16 Sep 2016₹1
7 Oct 2016₹3
30 Oct 2016₹3
18 Nov 2016₹3
9 Dec 2016₹3
30 Dec 2016₹3
20 Jan 2017₹3
10 Feb 2017₹3
3 Mar 2017₹3
24 Mar 2017₹3
13 Apr 2017₹3
5 May 2017₹3
26 May 2017₹3
16 Jun 2017₹3
7 Jul 2017₹3
28 Jul 2017₹3
18 Aug 2017₹3
8 Sep 2017₹3
29 Sep 2017₹3
19 Oct 2017₹3
10 Nov 2017₹3
1 Dec 2017₹3
22 Dec 2017₹4
12 Jan 2018₹4
2 Feb 2018₹4
23 Feb 2018₹4
16 Mar 2018₹4
6 Apr 2018₹4
27 Apr 2018₹4
18 May 2018₹4
8 Jun 2018₹4
29 Jun 2018₹5
20 Jul 2018₹5
10 Aug 2018₹5
31 Aug 2018₹5
21 Sep 2018₹6
12 Oct 2018₹6
2 Nov 2018₹6
22 Nov 2018₹6
14 Dec 2018₹6
4 Jan 2019₹9
25 Jan 2019₹9
15 Feb 2019₹9
8 Mar 2019₹9
29 Mar 2019₹10
18 Apr 2019₹10
10 May 2019₹10
31 May 2019₹10
21 Jun 2019₹10
12 Jul 2019₹10
2 Aug 2019₹10
23 Aug 2019₹10
13 Sep 2019₹10
4 Oct 2019₹9
27 Oct 2019₹9
15 Nov 2019₹9
6 Dec 2019₹9
27 Dec 2019₹5
17 Jan 2020₹5
7 Feb 2020₹5
28 Feb 2020₹5
20 Mar 2020₹5
9 Apr 2020₹5
30 Apr 2020₹5
22 May 2020₹5
12 Jun 2020₹5
3 Jul 2020₹6
24 Jul 2020₹6
14 Aug 2020₹6
4 Sep 2020₹6
25 Sep 2020₹6
16 Oct 2020₹6
6 Nov 2020₹6
27 Nov 2020₹6
18 Dec 2020₹6
8 Jan 2021₹6
29 Jan 2021₹6
19 Feb 2021₹6
12 Mar 2021₹6
1 Apr 2021₹6
23 Apr 2021₹6
14 May 2021₹6
4 Jun 2021₹6
25 Jun 2021₹5
16 Jul 2021₹5
6 Aug 2021₹5
27 Aug 2021₹5
17 Sep 2021₹7
8 Oct 2021₹7
29 Oct 2021₹7
18 Nov 2021₹7
10 Dec 2021₹7
31 Dec 2021₹7
21 Jan 2022₹7
11 Feb 2022₹7
4 Mar 2022₹7
25 Mar 2022₹8
13 Apr 2022₹8
6 May 2022₹8
27 May 2022₹8
17 Jun 2022₹7
8 Jul 2022₹7
29 Jul 2022₹7
19 Aug 2022₹7
9 Sep 2022₹7
30 Sep 2022₹7
21 Oct 2022₹7
11 Nov 2022₹7
2 Dec 2022₹7
23 Dec 2022₹8
13 Jan 2023₹8
3 Feb 2023₹8
24 Feb 2023₹8
17 Mar 2023₹8
6 Apr 2023₹8
28 Apr 2023₹8
19 May 2023₹8
9 Jun 2023₹8
30 Jun 2023₹9
21 Jul 2023₹9
11 Aug 2023₹9
1 Sep 2023₹9
22 Sep 2023₹9
13 Oct 2023₹9
3 Nov 2023₹9
24 Nov 2023₹9
15 Dec 2023₹9
5 Jan 2024₹10
25 Jan 2024₹10
16 Feb 2024₹10
7 Mar 2024₹10
28 Mar 2024₹10
19 Apr 2024₹10
10 May 2024₹10
31 May 2024₹10
21 Jun 2024₹10
12 Jul 2024₹10
2 Aug 2024₹10
23 Aug 2024₹10
13 Sep 2024₹10
4 Oct 2024₹10
25 Oct 2024₹10
14 Nov 2024₹10
6 Dec 2024₹10
27 Dec 2024₹9
17 Jan 2025₹9
7 Feb 2025₹9
28 Feb 2025₹9
21 Mar 2025₹9
11 Apr 2025₹9
2 May 2025₹9
23 May 2025₹9
13 Jun 2025₹9
4 Jul 2025₹4
25 Jul 2025₹4
14 Aug 2025₹4
5 Sep 2025₹4
26 Sep 2025₹4
17 Oct 2025₹4
7 Nov 2025₹4
28 Nov 2025₹4
19 Dec 2025₹4
9 Jan 2026₹4
1 Feb 2026₹4
20 Feb 2026₹4
13 Mar 2026₹4
2 Apr 2026₹4
24 Apr 2026₹4
15 May 2026₹4
17 Jul 2026₹4
7 Aug 2026₹4
28 Aug 2026₹4
18 Sep 2026₹4
1 Oct 2026₹3
23 Oct 2026₹3
30 Oct 2026₹3
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 208× are drawn at the top edge.
265.6×P/E · higher than 97% of its last 11 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −65.3% while the price moved −17.3%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved −0.5% a year; about −17.7% a year came from earnings growth and about +17.2 percentage points from the multiple (the market paying more); over 10 years the price moved +24.0% a year; about −1.1% a year came from earnings growth and about +25.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the NELCO business getting better or worse?

NELCO Ltd's business is turning around. Profit growth has swung from −79.5% at its low to −7.5%, improving for 3 quarters in a row, with ROCE steady at 5.2%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +0.7% in FY26, profit −70.0%

  • Revenue growth 0.7%
Growth year by year: revenue +0.7% in FY26, profit −70.0%
QuarterRevenue growth
FY1662.6%
FY17−28%
FY184.2%
FY1927.3%
FY2015.2%
FY212.7%
FY2215%
FY2320.4%
FY242.2%
FY25−4.7%
FY260.7%

Profit growth, EPS growth

  • Profit growth −70%
  • EPS growth −65.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY160%14.1%
FY17200%183.5%
FY18100%93.1%
FY1983.3%84%
FY20−36.4%−35.5%
FY21−14.3%−14%
FY2233.3%30.1%
FY2325%23.4%
FY2420%19.2%
FY25−58.3%−59.7%
FY26−70%−65.3%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 6.2%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Dec 20235.8%
Mar 20242.3%
Jun 20241.8%
Sep 20243.2%
Dec 2024−0.5%
Mar 2025−4.8%
Jun 2025−3.2%
Sep 2025−7.5%
Dec 2025−7.5%
Mar 20260.6%
Jun 20262%
Sep 20266.2%

Profit, EPS

  • Profit −7.5%
  • EPS −6.9%
Profit, EPS
QuarterProfitEPS
Dec 202336.6%34.8%
Mar 202420.4%19.2%
Jun 202410.3%7.9%
Sep 2024−5.3%−5.2%
Dec 2024−15.2%−15.1%
Mar 2025−59.7%−59.7%
Jun 2025−69.9%−69.9%
Sep 2025−79.5%−79.5%
Dec 2025−109.4%−109.4%
Mar 2026−65.2%−65.1%
Jun 2026−43%−42.8%
Sep 2026−7.5%−6.9%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 5.2%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202328.2%
Mar 202428%
Jun 202426.3%
Sep 202424.3%
Dec 202422.2%
Mar 202518.2%
Jun 202515.6%
Sep 202512.9%
Dec 20256.8%
Mar 20266.9%
Jun 20267.5%
Sep 20265.2%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +6.2%, range −7.5% to +6.2%
RecoveringProfit growth · latest −7.5%, range −109.4% to +36.6%
RecoveringEPS growth · latest −6.9%, range −109.4% to +34.8%
Stuck lowROCE · latest 5.2%, range 5.2% to 28.2%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+0.7%−0.6%+6.3%+4.4%
Profit−70.0%−46.9%−24.2%+4.1%
EPS−65.3%−45.0%−23.2%+4.1%
Share price−17.3%+0.0%−0.5%+24.0%
+5.1%Revenue growth (Sep 2026) · latest quarter against a year ago
+6.8%Profit growth (Sep 2026) · latest quarter against a year ago
4.4%Revenue, 10 years · yearly growth over the long run

How much does NELCO earn on its capital?

NELCO Ltd earned a ROCE of 7% in FY26. That is up from a low of −6% in Sep 2013. Its return on capital used (ROIC) is 9.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 1.0% net margin and 0.88× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 1.0% net margin × 0.88× asset turnover × 2.69× leverage (assets divided by equity) ≈ 2.4% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 2.6% − 12.0% = −9.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 2.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 3.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 7%, the climb back from Sep 2013's −6%

  • ROCE 7%
  • ROIC (annual) 3.6%
  • Cost of capital 12%
FY26: ROCE 7%, the climb back from Sep 2013's −6%
QuarterROCEROIC (annual)Cost of capital
Sep 2013−6%–12%
Sep 20145%–12%
FY1615%–12%
FY1717%–12%
FY1826%–12%
FY1925%–12%
FY2020%–12%
FY2114%–12%
FY2218%11.6%12%
FY2322%15.8%12%
FY2423%17%12%
FY2514%5.9%12%
FY267%3.6%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q2 FY27: ROCE 3.0% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 3.0%
  • ROIC (12 months) 4.2%
  • Cost of capital 12.0%
Q2 FY27: ROCE 3.0% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q3 FY24–16.5%12%
Q4 FY2426.1%16.9%12%
Q1 FY25–16.7%12%
Q2 FY2522.1%15.7%12%
Q3 FY25–14.1%12%
Q4 FY2514.8%12.9%12%
Q1 FY26–8%12%
Q2 FY269%6.1%12%
Q3 FY26–4.6%12%
Q4 FY266.3%3.3%12%
Q1 FY27–4.3%12%
Q2 FY273%4.2%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does NELCO have too much debt?

NELCO Ltd has total debt of ₹246 Cr against shareholder equity of ₹131 Cr as of Sep 2026, so its debt is 1.88× its equity. Year by year, that ratio went from 0.91 in FY22 to 0.57 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹73.0 Cr, 0.57× equity

  • Total debt ₹73.0
FY26: debt ₹73.0 Cr, 0.57× equity
QuarterTotal debt
FY22₹81
FY23₹63
FY24₹57
FY25₹53
FY26₹73

Debt-to-equity

  • Debt-to-equity 0.57×
Debt-to-equity
QuarterDebt-to-equity
FY220.91×
FY230.60×
FY240.46×
FY250.41×
FY260.57×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Sep 2026: debt ₹246 Cr, debt-to-equity 1.88

  • Total debt (quarterly) ₹246
Sep 2026: debt ₹246 Cr, debt-to-equity 1.88
QuarterTotal debt (quarterly)
Dec 2023₹74
Mar 2024₹57
Jun 2024₹57
Sep 2024₹51
Dec 2024₹51
Mar 2025₹53
Jun 2025₹53
Sep 2025₹72
Dec 2025₹72
Mar 2026₹73
Jun 2026₹73
Sep 2026₹246

Debt-to-equity

  • Debt-to-equity 1.88×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.67×
Mar 20240.46×
Jun 20240.46×
Sep 20240.40×
Dec 20240.40×
Mar 20250.41×
Jun 20250.41×
Sep 20250.56×
Dec 20250.56×
Mar 20260.57×
Jun 20260.57×
Sep 20261.88×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the NELCO shareholding pattern?

No group of NELCO Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.0 points over the same period, to 50.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: +0.2 points over 8 quarters, to 4.8%; Promoters: +0.0 points over 8 quarters, to 50.1%; Domestic institutions: +0.0 points over 8 quarters, to 0.1%.

Year ends: the public −0.4 points from Mar 2024 to Mar 2026

  • Promoters 50.09%
  • Foreign inst. 4.73%
  • Domestic inst. 0.26%
  • Public 44.67%
Year ends: the public −0.4 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202450.09%4.54%0.05%45.08%
Mar 202550.09%4.83%0.13%44.72%
Mar 202650.09%4.73%0.26%44.67%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

No owner group moved a full point in two years

  • Promoters 50.09%
  • Foreign inst. 4.83%
  • Domestic inst. 0.05%
  • Public 44.77%
No owner group moved a full point in two years
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202350.09%4.44%0.09%45.13%
Dec 202350.09%4.51%0.08%45.07%
Mar 202450.09%4.54%0.05%45.08%
Jun 202450.09%4.8%0.05%44.82%
Sep 202450.09%4.64%0.05%44.99%
Dec 202450.09%5.41%0.14%44.13%
Mar 202550.09%4.83%0.13%44.72%
Jun 202550.09%4.64%0.12%44.91%
Sep 202550.09%4.57%0.16%44.94%
Dec 202550.09%4.61%0.16%44.89%
Mar 202650.09%4.73%0.26%44.67%
Jun 202650.09%5.62%0.05%43.99%
Sep 202650.09%4.83%0.05%44.77%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is NELCO from balance-sheet trouble?

For NELCO Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does NELCO rank in its industry?

39.8 out of 100, rank 10 of 16 in Telecom Services, with 68% of the evidence available.

NELCO Ltd scores 39.8 out of 100 against the 16 companies it is compared with in Telecom Services, ranking 10. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 13.5 + 8.7 + 8.5 + 9.1 = 39.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is NELCO compared with?

NELCO ranks 10 of 16 Telecom Services companies on the 4-Factor Sector Score, with 39.8 out of 100.

  1. 1Bharti Airtel LtdBHARTIARTL · turning · Most evidence points up · 89% evidence75.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.6/35 · Revenue 19.6% · Profit -9.4% · Operating margin change 1 points · 88% evidenceCapital efficiency 21.4/25 · ROCE 17.6% · Operating margin 57% · 100% evidenceValuation 15.1/20 · P/E 39.4× · PEG 0.69 · 65% evidenceRelative strength 18.0/20 · Lead over its industry 8.8% · Lead over NIFTY 500 7.5% · 1 year -3.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 20.6 + 21.4 + 15.1 + 18 = 75.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Bharti Hexacom LtdBHARTIHEXA · breaking out · Most evidence points up · 74% evidence69.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Revenue 7.9% · Profit 32.8% · Operating margin change 2 points · 88% evidenceCapital efficiency 21.2/25 · ROCE 21.4% · Operating margin 53% · 100% evidenceValuation 12.1/20 · P/E 44.3× · PEG 1.18 · 65% evidenceRelative strength 12.0/20 · Lead over its industry — · Lead over NIFTY 500 7.5% · 1 year -12.1% · 25% evidence · 5 of 12 weeks aheadExact sum: 24.3 + 21.2 + 12.1 + 12 = 69.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3HFCL LtdHFCL · leader · Most evidence points up · 75% evidence69.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.0/35 · Revenue 100% · Profit 100% · Operating margin change 7 points · 95% evidenceCapital efficiency 12.8/25 · ROCE 10.8% · Operating margin 25% · 76% evidenceValuation 9.8/20 · P/E 40.8× · PEG — · 15% evidenceRelative strength 16.9/20 · Lead over its industry 78% · Lead over NIFTY 500 70.2% · 1 year 214.7% · 100% evidence · 10 of 12 weeks aheadExact sum: 30 + 12.8 + 9.8 + 16.9 = 69.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4ADC India Communications LtdKRONECOMM · breaking out · Evidence leans up · 78% evidence58.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.9/35 · Revenue 19% · Profit 0.3% · Operating margin change 4 points · 83% evidenceCapital efficiency 18.1/25 · ROCE 31.4% · Operating margin 17.1% · 76% evidenceValuation 6.4/20 · P/E 44.7× · PEG — · 50% evidenceRelative strength 17.4/20 · Lead over its industry 28.7% · Lead over NIFTY 500 24.8% · 1 year 41.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 16.9 + 18.1 + 6.4 + 17.4 = 58.8 · What this means: Relative strength against the index is 24.8%, and revenue and profit growth are weak.
  5. 5Indus Towers LtdINDUSTOWER · turning · Evidence leans up · 100% evidence56.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 8.6/35 · Revenue 5.3% · Profit -24% · Operating margin change -2 points · 100% evidenceCapital efficiency 20.1/25 · ROCE 19.5% · Operating margin 54% · 100% evidenceValuation 16.8/20 · P/E 14× · PEG 0.46 · 100% evidenceRelative strength 10.6/20 · Lead over its industry -2.5% · Lead over NIFTY 500 -3.5% · 1 year 4% · 100% evidence · 0 of 12 weeks aheadExact sum: 8.6 + 20.1 + 16.8 + 10.6 = 56.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  6. 6Tata Communications LtdTATACOMM · turning · Evidence leans up · 93% evidence55.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.9/35 · Revenue 9.1% · Profit -34% · Operating margin change 2 points · 100% evidenceCapital efficiency 17.0/25 · ROCE 14.6% · Operating margin 21% · 100% evidenceValuation 7.9/20 · P/E 39.4× · PEG 2.22 · 65% evidenceRelative strength 15.1/20 · Lead over its industry 4.3% · Lead over NIFTY 500 2.4% · 1 year -10.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 15.9 + 17 + 7.9 + 15.1 = 55.9 · What this means: Relative strength against the index is 2.4%, and revenue and profit growth are weak.
  7. 7Tata Teleservices (Maharashtra) LtdTTML · basing · Evidence leans up · 74% evidence50.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.0/35 · Revenue -0.7% · Profit 100% · Operating margin change 4 points · 74% evidenceCapital efficiency 17.9/25 · ROCE 55.6% · Operating margin 53% · 100% evidenceValuation 8.7/20 · P/E 182.8× · PEG — · 15% evidenceRelative strength 6.9/20 · Lead over its industry -13.6% · Lead over NIFTY 500 -14.6% · 1 year -37.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 17 + 17.9 + 8.7 + 6.9 = 50.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Suyog Telematics LtdSUYOG · quiet · Evidence leans down · 78% evidence48.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.0/35 · Revenue 11.4% · Profit 50% · Operating margin change -1 points · 83% evidenceCapital efficiency 16.2/25 · ROCE 14.4% · Operating margin 60% · 76% evidenceValuation 12.6/20 · P/E 8.7× · PEG — · 50% evidenceRelative strength 0.0/20 · Lead over its industry -33.1% · Lead over NIFTY 500 -34.4% · 1 year -42.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 20 + 16.2 + 12.6 + 0 = 48.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Vodafone Idea LtdIDEA · quiet · Evidence leans down · 71% evidence47.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.5/35 · Revenue 3.3% · Profit 100% · Operating margin change 1 points · 65% evidenceCapital efficiency 6.1/25 · ROCE -1.7% · Operating margin 43% · 100% evidenceValuation 11.3/20 · P/E 3.6× · PEG — · 15% evidenceRelative strength 11.3/20 · Lead over its industry 5.8% · Lead over NIFTY 500 3.3% · 1 year 35.5% · 100% evidence · 2 of 12 weeks aheadExact sum: 18.5 + 6.1 + 11.3 + 11.3 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10NELCO Ltd this pageNELCO · quiet · Evidence leans down · 68% evidence39.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.5/35 · Revenue 6.2% · Profit -7.5% · Operating margin change 1.5 points · 100% evidenceCapital efficiency 8.7/25 · ROCE 7.2% · Operating margin 11.6% · 100% evidenceValuation 8.5/20 · P/E 254× · PEG — · 15% evidenceRelative strength 9.1/20 · Lead over its industry — · Lead over NIFTY 500 -8% · 1 year -22.5% · 25% evidence · 7 of 12 weeks aheadExact sum: 13.5 + 8.7 + 8.5 + 9.1 = 39.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11GTL Infrastructure LtdGTLINFRA · basing · Too little evidence to rank firmly · 56% evidence39.3out of 100GrowthCapitalValuationRelative
  12. 12ITI LtdITI · quiet · Most evidence points down · 71% evidence34.2out of 100GrowthCapitalValuationRelative
  13. 13Tejas Networks LtdTEJASNET · basing · Most evidence points down · 71% evidence28.6out of 100GrowthCapitalValuationRelative
  14. 14OnMobile Global LtdONMOBILE · basing · Most evidence points down · 65% evidence25.3out of 100GrowthCapitalValuationRelative
  15. 15Sar Televenture LtdSARTELE · Too little evidence to rank firmly · 39% evidence58.7out of 100GrowthCapitalValuationRelative
  16. 16Mahanagar Telephone Nigam LtdMTNL · basing · Too little evidence to rank firmly · 46% evidence37.9out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Telecom Services, all 16 compared on one page.

Which companies are close to NELCO in size?

NELCO is the 10th largest of 16 Telecom Services companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: ITI, Tejas Networks and Tata Teleservices (Maharashtra). Just below it: Mahanagar Telephone Nigam, GTL Infrastructure and ADC India Communications.

Telecom Services companies close in size

  1. ITI Ltd ₹20,799 crore
  2. Tejas Networks Ltd ₹7,178 crore
  3. Tata Teleservices (Maharashtra) Ltd ₹6,709 crore
  4. NELCO Ltd ₹1,543 crore
  5. Mahanagar Telephone Nigam Ltd ₹1,400 crore
  6. GTL Infrastructure Ltd ₹1,268 crore
  7. ADC India Communications Ltd ₹1,118 crore

All 16 Telecom Services companies, largest first

Companies close in size in other industries

  1. Menon Bearings Ltd ₹1,548 crore · Bearings
  2. Tarsons Products Ltd ₹1,548 crore · Medical Equipment
  3. NELCO Ltd ₹1,543 crore
  4. Dynamic Cables Ltd ₹1,542 crore · Cables - Power
  5. Quadrant Future Tek Ltd ₹1,541 crore · Railways - Kavach/Springs

What else do people ask about NELCO?

What is NELCO's share price today?

NELCO Ltd's share price is ₹706.90, −17.3% over the past year. The whole company is worth ₹1,614 Cr on the market.

In the last 52 weeks it traded between ₹538 to ₹1,025; today it is 35% of the way up from the low, 15.1% below its 200-day average (as of 4 November 2026).

What were NELCO's latest quarterly results?

NELCO Ltd reported revenue of ₹78.1 Cr and net profit of ₹1.7 Cr for the Sep 2026 quarter. Revenue rose 5.1% and profit rose 6.8% compared with a year earlier. Earnings per share were ₹0.76.

The operating margin was 11.6%, 1.5 percentage points higher than a year earlier (as of 4 November 2026).

What is NELCO's market cap?

NELCO Ltd's market capitalisation is ₹1,614 Cr at a share price of ₹706.90. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is NELCO performing?

NELCO Ltd's share price has been rising for 18 weeks. In its latest quarter, revenue rose 5.1% and profit rose 6.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 4 weeks running (as of 4 November 2026).

Will NELCO's share price go up?

This page does not forecast NELCO Ltd's share price. What it shows instead: the share price is ₹706.90, and it has been rising for 18 weeks. Its P/E of 265.6× is higher than 97% of its own last 11 years (as of 4 November 2026).

Who owns NELCO?

Promoters own 50.1% of NELCO Ltd, foreign institutions 4.8%, domestic institutions 0.1% and the public 44.8% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 4 November 2026).

Does NELCO have too much debt?

NELCO Ltd has a moderate amount of debt: its debt is 0.57× its equity, and its operating profit is 6 times its interest bill. FY26 borrowings were ₹73.0 Cr against equity of ₹129 Cr.

Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Where is NELCO in its business cycle?

NELCO Ltd's FY26 operating margin was 9.0%, against a 13-year range of −0.9% to 23.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 11.6%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the NELCO story?

The main question: the share price moved −17.3% in a year while yearly earnings per share moved −65.3%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is NELCO a stock worth studying right now?

What the numbers show: NELCO Ltd's share price has risen faster than its earnings: −17.3% in a year, against −65.3% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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