** Shares of Nelco Ltd NELC.NS rise as much as 16.5 pct to
337.9 rupees, their biggest intraday pct gain since February
2018
** Co's forward PE is 54.66 above the sector average of
44.74
** About 1.2 mln shares change hands compared with the
30-day average of around 71,114 shares
** Stock is trading at its highest since September 2018
** Stock up 15.5 pct this year as of last close, compared
with the 6.77 pct rise in the broader NSE Index .NSEI in the
same period
((harish.bhaskar.thomsonreuters.com@reuters.net))