NESCO : Maun Vrat

Over the weekend, the social media was abuzz with a letter that NESCO will not be permitted to hold exhibitions.


In today’s Times of India, there was an article which corroborated the news.

Now, Exhibitions are an important part of NESCO’s business, accounting for 35% of Revenues and 43% of Operating Profits

Not surprisingly, the stock tanked 10% today immediately on open.

What is shocking is the fact that the NESCO management did not consider it fit to inform shareholders (as on today 11 am) of this very important market moving Event.

Leave a Reply

Your email address will not be published. Required fields are marked *