New Delhi: Shares of this smallcap from Tata Group<\/a> are going through the roof recently, delivering over 150 per cent return in 2021 so far. Analysts are bullish on the stock to deliver further gains, thanks for strong June quarter earnings and potential deals it may sign.

We are talking about
Nelco<\/a>, an IT networking firm, which provides satellite communication and VSAT solutions in the company. The company has gained about 35 per cent in the last one week. The scrip was locked at the buyer's circuit of 5 per cent on Friday to Rs 493.55.

Nelco<\/a> is in advanced talks with Canadian company Telesat<\/a> to launch fast satellite broadband services in India. Telesat<\/a>’s Lightspeed brand will put it in direct competition with Bharti Airtel-backed OneWeb<\/a>, Amazon’s Project Kuiper and Elon Musk’s SpaceX.

The user base of satellite communication in India is expected to increase to about 1.5-2 million by 2025, clocking revenue of nearly Rs 5,000-6,000 crore annually, if the operating environment eases, said an Icra report.

Kishore Ostwal of
CNI Research<\/a> is very bullish on the counter. It is the only defence play from the Tata Group<\/a>. \"The government will prefer companies with strong parentage for their defence sector related partnerships.\"

The company reported a net profit of Rs 4.38 crore for the quarter ended June, 2021, 140 per cent higher than Rs 1.38 crore reported for the same period in the previous year.

Income from operations rose 11 per cent to Rs 55.1 crore in the Q1FY22 from Rs 49.52 crore in the year ago period. The company delivered flat performance on a sequential basis.

Neclo has reported a strong set of numbers in the June 2021 quarter and some big institutions have also been seen increasing their stakes in the company, said Ashis Biswas at CapitalVia Global Research.

The company said it has established itself as a leading player in both Aero IFC and Maritime communication services in India. It has partnered with multiple global players to enhance its offerings and reach.

\"The multifold increase in the company’s business and the business alignment with the technological advancements will help the core business to grow in the future,\" said Biswas who has a target of 515 on the stock.

The company is bidding for multiple government contracts. If they are able to bag some, the visibility for the counter will increase, said Ostwal who has a short-term target of Rs 600 on this stock.

However, not everyone is gung ho on the stock. Some analysts have a word of caution.

“The sector has a lot of potential but investors are being far too optimistic of the company's prospects,\" said Rahul Shah, Co-Head of Research, EquityMaster. “At the current P\/E the valuations seem to be running far too ahead of the fundamentals,\" he added.

<\/p><\/body>","next_sibling":[{"msid":85364545,"title":"5G smartphones to represent 50% of global smartphone sales revenue by 2025: Juniper Research","entity_type":"ARTICLE","link":"\/news\/5g-smartphones-to-represent-50-of-global-smartphone-sales-revenue-by-2025-juniper-research\/85364545","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"85363818","title":"After 5G equipment, Tata Group looking to enter semiconductor manufacturing","entity_type":"IMAGES","seopath":"markets\/stocks\/news\/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021\/after-5g-equipment-tata-group-looking-to-enter-semiconductor-manufacturing","category_name":"Tata Group smallcap having its day in the sun with 150% jump in 2021","synopsis":"The company reported a net profit of Rs 4.38 crore for the quarter ended June, 2021, 140 per cent higher than Rs 1.38 crore reported for the same period in the previous year.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-59998\/85363818.cms?width=150&height=112","link":"\/image\/markets\/stocks\/news\/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021\/after-5g-equipment-tata-group-looking-to-enter-semiconductor-manufacturing\/85363818"},{"msid":"85354379","title":"Firm demand, prices to fire up Tata Steel","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/firm-demand-prices-to-fire-up-tata-steel","category_name":"News","synopsis":"Tata Steel didn\u2019t exactly enjoy a blistering Indian summer in Europe through the three months to June, but the robustness of home demand and buoyancy in exports added sufficient lustre to its bottom-line performance through a period of episodic lockdowns and","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-60218\/85354379.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/firm-demand-prices-to-fire-up-tata-steel\/85354379"},{"msid":"85353963","title":"High valuation no barrier to price gains in this rally","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/high-valuation-no-barrier-to-price-gains-in-this-rally","category_name":"News","synopsis":"Some of the large-cap stocks with higher valuations too have managed to outperform. Bajaj Finserv, DLF, ICICI Prudential Life, Godrej Consumer, Sun Pharma, Avenue Supermarts, Larsen & Toubro, Divi\u2019s Lab, and SBI Life, among others, whose PE and price to book (PB) value ratios are higher than average, have outperformed the benchmark.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-82618\/85353963.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/high-valuation-no-barrier-to-price-gains-in-this-rally\/85353963"},{"msid":"85296071","title":"Only Nifty multibagger of 2021 may yet have 30% upside, say analysts","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/only-nifty-multibagger-of-2021-may-yet-have-30-upside-say-analysts","category_name":"News","synopsis":"Most analysts increased their earnings estimates for the company and raised price targets for the stock after the June quarter earnings, maintaining their overweight stance.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-77250\/85296071.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/only-nifty-multibagger-of-2021-may-yet-have-30-upside-say-analysts\/85296071"}],"msid":85364689,"entity_type":"ARTICLE","title":"Tata Group smallcap having its day in the sun with 150% jump in 2021","synopsis":"The company has gained about 35 per cent in the last one week. The scrip was locked at the buyer's circuit of 5 per cent on Friday to Rs 493.55.","titleseo":"telecomnews\/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021","status":"ACTIVE","authors":[{"author_name":"Pawan Nahar","author_link":"\/author\/479250723\/pawan-nahar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479250723.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":479250723,"author_name":"Pawan Nahar","author_seo_name":"pawan-nahar","designation":"Copy Editor","agency":false}}],"analytics":{"comments":0,"views":194,"shares":0,"engagementtimems":970000},"Alttitle":{"minfo":""},"artag":"ETMarkets.com","artdate":"2021-08-16 13:37:48","lastupd":"2021-08-16 13:39:12","breadcrumbTags":["Nelco","Industry","nelco shares","CNI Research","OneWeb","tata group stock","tata group","Telesat"],"secinfo":{"seolocation":"telecomnews\/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021"}}" data-authors="[" pawan nahar"]" data-category-name="" data-category_id="" data-date="2021-08-16" data-index="article_1">

小型股塔塔集团的一天在阳光下2021年增长150%

该公司已上涨约35%在过去的一个星期。代币是锁着的,买方5%的电路周五493.55卢比。

一生Nahar
  • 2021年8月16日更新01:39点是
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新德里:小型股的股票塔塔集团最近正在经历的屋顶,2021年交付超过150%的回报。分析师看好股市进一步上涨,谢谢强劲的季度业绩和潜在交易可能的迹象。

我们谈论的是Nelco它的网络公司,它提供了公司的卫星通信和网络连线的解决方案。该公司已上涨约35%在过去的一个星期。代币是锁着的,买方5%的电路周五493.55卢比。

Nelco在与加拿大公司先进的会谈通信卫星在印度快速发射卫星宽带服务。通信卫星光速的品牌会把它与Bharti Airtel-backed直接竞争OneWeb,亚马逊的项目柯伊伯和伊隆麝香SpaceX。

广告
卫星通信的用户群在印度预计将增加约1.5 -200万到2025年,时钟每年收入近5000 - 6000卢比,如果操作环境放松,说报告举行的“国际机器人与自动化会议”。

基肖尔弥补的CNI经过研究非常看好柜台。这是唯一的防御的玩塔塔集团。“政府会喜欢公司强大的血统的国防部门相关的合作。”

该公司公布净利润4.38卢比的季度截至6月,2021年,140%高于1.38卢比为前一年同期报道。

业务收入增长11%,至55.1卢比在Q1FY22从去年同期的49.52卢比。该公司交付平性能在连续的基础上。

Neclo报告了2021年6月季度强劲的数字和一些大机构也被认为增加他们的股份公司,CapitalVia全球研究的阿希斯比斯华斯表示。

该公司表示,它已经成为一个主要参与者在两个航空国际金融公司在印度和海事通讯服务。它与多个全球玩家增强其产品和达到。

“多倍的增加公司的业务和业务与技术进步将帮助核心业务增长在未来,“Biswas说515年有一个目标。

广告
公司竞标多个政府合同。如果他们能够包一些,计数器将会增加的可见性,弥补说有一个Rs 600这个股票的短期目标。

然而,并不是每个人都同心协力。一些分析人士警告。

“该行业有很大的潜力,但投资者正在公司的前景过于乐观,”拉胡尔Shah说,研究联席主管,EquityMaster。“在当前的市盈率估值似乎运行太基础之前,”他补充说。

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New Delhi: Shares of this smallcap from Tata Group<\/a> are going through the roof recently, delivering over 150 per cent return in 2021 so far. Analysts are bullish on the stock to deliver further gains, thanks for strong June quarter earnings and potential deals it may sign.

We are talking about
Nelco<\/a>, an IT networking firm, which provides satellite communication and VSAT solutions in the company. The company has gained about 35 per cent in the last one week. The scrip was locked at the buyer's circuit of 5 per cent on Friday to Rs 493.55.

Nelco<\/a> is in advanced talks with Canadian company Telesat<\/a> to launch fast satellite broadband services in India. Telesat<\/a>’s Lightspeed brand will put it in direct competition with Bharti Airtel-backed OneWeb<\/a>, Amazon’s Project Kuiper and Elon Musk’s SpaceX.

The user base of satellite communication in India is expected to increase to about 1.5-2 million by 2025, clocking revenue of nearly Rs 5,000-6,000 crore annually, if the operating environment eases, said an Icra report.

Kishore Ostwal of
CNI Research<\/a> is very bullish on the counter. It is the only defence play from the Tata Group<\/a>. \"The government will prefer companies with strong parentage for their defence sector related partnerships.\"

The company reported a net profit of Rs 4.38 crore for the quarter ended June, 2021, 140 per cent higher than Rs 1.38 crore reported for the same period in the previous year.

Income from operations rose 11 per cent to Rs 55.1 crore in the Q1FY22 from Rs 49.52 crore in the year ago period. The company delivered flat performance on a sequential basis.

Neclo has reported a strong set of numbers in the June 2021 quarter and some big institutions have also been seen increasing their stakes in the company, said Ashis Biswas at CapitalVia Global Research.

The company said it has established itself as a leading player in both Aero IFC and Maritime communication services in India. It has partnered with multiple global players to enhance its offerings and reach.

\"The multifold increase in the company’s business and the business alignment with the technological advancements will help the core business to grow in the future,\" said Biswas who has a target of 515 on the stock.

The company is bidding for multiple government contracts. If they are able to bag some, the visibility for the counter will increase, said Ostwal who has a short-term target of Rs 600 on this stock.

However, not everyone is gung ho on the stock. Some analysts have a word of caution.

“The sector has a lot of potential but investors are being far too optimistic of the company's prospects,\" said Rahul Shah, Co-Head of Research, EquityMaster. “At the current P\/E the valuations seem to be running far too ahead of the fundamentals,\" he added.

<\/p><\/body>","next_sibling":[{"msid":85364545,"title":"5G smartphones to represent 50% of global smartphone sales revenue by 2025: Juniper Research","entity_type":"ARTICLE","link":"\/news\/5g-smartphones-to-represent-50-of-global-smartphone-sales-revenue-by-2025-juniper-research\/85364545","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"85363818","title":"After 5G equipment, Tata Group looking to enter semiconductor manufacturing","entity_type":"IMAGES","seopath":"markets\/stocks\/news\/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021\/after-5g-equipment-tata-group-looking-to-enter-semiconductor-manufacturing","category_name":"Tata Group smallcap having its day in the sun with 150% jump in 2021","synopsis":"The company reported a net profit of Rs 4.38 crore for the quarter ended June, 2021, 140 per cent higher than Rs 1.38 crore reported for the same period in the previous year.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-59998\/85363818.cms?width=150&height=112","link":"\/image\/markets\/stocks\/news\/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021\/after-5g-equipment-tata-group-looking-to-enter-semiconductor-manufacturing\/85363818"},{"msid":"85354379","title":"Firm demand, prices to fire up Tata Steel","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/firm-demand-prices-to-fire-up-tata-steel","category_name":"News","synopsis":"Tata Steel didn\u2019t exactly enjoy a blistering Indian summer in Europe through the three months to June, but the robustness of home demand and buoyancy in exports added sufficient lustre to its bottom-line performance through a period of episodic lockdowns and","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-60218\/85354379.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/firm-demand-prices-to-fire-up-tata-steel\/85354379"},{"msid":"85353963","title":"High valuation no barrier to price gains in this rally","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/high-valuation-no-barrier-to-price-gains-in-this-rally","category_name":"News","synopsis":"Some of the large-cap stocks with higher valuations too have managed to outperform. Bajaj Finserv, DLF, ICICI Prudential Life, Godrej Consumer, Sun Pharma, Avenue Supermarts, Larsen & Toubro, Divi\u2019s Lab, and SBI Life, among others, whose PE and price to book (PB) value ratios are higher than average, have outperformed the benchmark.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-82618\/85353963.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/high-valuation-no-barrier-to-price-gains-in-this-rally\/85353963"},{"msid":"85296071","title":"Only Nifty multibagger of 2021 may yet have 30% upside, say analysts","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/only-nifty-multibagger-of-2021-may-yet-have-30-upside-say-analysts","category_name":"News","synopsis":"Most analysts increased their earnings estimates for the company and raised price targets for the stock after the June quarter earnings, maintaining their overweight stance.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-77250\/85296071.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/only-nifty-multibagger-of-2021-may-yet-have-30-upside-say-analysts\/85296071"}],"msid":85364689,"entity_type":"ARTICLE","title":"Tata Group smallcap having its day in the sun with 150% jump in 2021","synopsis":"The company has gained about 35 per cent in the last one week. The scrip was locked at the buyer's circuit of 5 per cent on Friday to Rs 493.55.","titleseo":"telecomnews\/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021","status":"ACTIVE","authors":[{"author_name":"Pawan Nahar","author_link":"\/author\/479250723\/pawan-nahar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479250723.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":479250723,"author_name":"Pawan Nahar","author_seo_name":"pawan-nahar","designation":"Copy Editor","agency":false}}],"analytics":{"comments":0,"views":194,"shares":0,"engagementtimems":970000},"Alttitle":{"minfo":""},"artag":"ETMarkets.com","artdate":"2021-08-16 13:37:48","lastupd":"2021-08-16 13:39:12","breadcrumbTags":["Nelco","Industry","nelco shares","CNI Research","OneWeb","tata group stock","tata group","Telesat"],"secinfo":{"seolocation":"telecomnews\/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021"}}" data-news_link="//www.iser-br.com/news/tata-group-smallcap-having-its-day-in-the-sun-with-150-jump-in-2021/85364689">