India's Nelco drops on Q3 profit slump
15/01/2025 09:56
** Shares of Nelco NELC.NS shed 2.2% to 1,174.80 rupees
** Communications and networking services firm's Q3 consol
net profit drops 19.5% Y/Y; rev from ops down 3% Y/Y
** NELC was down 0.3% before results
** Stock gained ~59% in 2024
(Reporting by Kashish Tandon in Bengaluru)
((Kashish.tandon@thomsonreuters.com))
Recent news on Nelco
See all newsIndia's Nelco slips after $20 million investment in Lunar Holdco
Brief: Nelco Invests USD 20 Million In Lunar Holdco Via Compulsorily Convertible Debentures
Brief: Nelco Says Board To Consider Fundraising Via Loans And NCDs
India's Nelco rises after reporting quarterly profit
Brief: Nelco Gets Tax Demand Of 141.4 Million Rupees