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NESCO Ltd
NSE: NESCO BSE: 505355
₹1138
(1.93%)
Thu, 25 Jun 2026, 02:51 am
Market Cap (in Cr)8014.12
PE Ratio19.43
Dividend0.58
Producer Manufacturing
Industrial Machinery
24.5KCompany History
1939
- New Standard Engineering Co. Ltd. was established.
- New Standard Engineering Co. Ltd. was promoted by Mr. J. V. Patel.
1946
- Burjorji Pestonji & Sons Pvt. Ltd. was incorporated.
1959
- The company's name was changed to New Standard Engineering Company Ltd.
1984
- The company started making losses due to depression in its main product line.
1991
- The company received an award for its outstanding performance in exports of textile preparatory and spinning machinery.
2002
- The face value of Nesco shares changed from Rs. 100 to Rs. 10.
2004
- Nesco merged Indabrator with the company.
2005
- Nesco recommended a 12% dividend for the year.
2006
- Nesco recommended a dividend of 12%.
- Nesco recommended issue of Bonus Shares in the ratio 1:1.
- Nesco gave a bonus in the ratio of 1:1.
2007
- Nesco recommended a dividend of 12%.
2008
- Nesco recommended a dividend of 12%.
2009
- Nesco declared a dividend at Rs 1.20 per share.
2010
- Nesco recommended a dividend of 15%.
- Nesco recommended issue of Bonus Shares in the ratio of 1:1.
2011
- Nesco declared a 25% dividend.
2012
- Nesco appointed Mr. Dipesh R. Singhania as Chief Financial Officer and Compliance Officer.
- Nesco recommended a dividend of 30%.
2013
- Nesco recommended a dividend of 35%.
2014
- Nesco recommended a dividend of 50%.
2015
- The company approved the Scheme of Amalgamation for amalgamation of Nesco Hospitality Private Limited with the company.
2017
- The company split its face value from Rs. 10 to Rs. 2.
2019
- Indian Green Building Council awarded Platinum ranking to Tower 04, Nesco IT Park under LEED India Core and Shell rating system.