India's Nelco rises after reporting quarterly profit

Nelco

21/04/2026 05:19

** Shares of Nelco NELC.NS rise as much as 13.9% to 766.85 rupees

** Security solutions maker reports Q4 consol net profit of 10.9 mln rupees ($116,827.44) vs loss of 40.8 mln rupees a year earlier; rev up 17.3% y/y

** More than 1.9 mln shares traded as of 9:41 A.M. IST, 15x their 30-day moving avg

** Stock up 33.1% so far in April

** NELC last up 13%, trimming YTD losses to 7.7%

($1 = 93.3000 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))