# Nelco hits 52-week high, gains 63% in six months 2026-08-13T23:16:11+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Nelco, a Tata Group company providing satellite communication solutions, hit a 52-week high on Thursday. The stock has surged 62.60% over the past six months. Tata Power holds a 50.1% stake. For Q1 FY27, Nelco reported a 30% year-on-year rise in consolidated net profit to Rs 2.34 crore, while total income grew 6.38% to Rs 80.17 crore, according to Business Today. Technically, the stock trades above all key moving averages. Its 14-day RSI stands at 66.01, close to overbought levels. The company's consolidated P/E ratio is 613.11, with a price-to-book value of 20.06 and return on equity of 7.40%. The one-year beta is 1.5, indicating relatively high volatility. Nelco operates across key Satcom segments in India. ## Coverage - businesstoday.in Tags: 52-week high, Nelco, Q1 results, Satcom, stock market, Tata group Canonical: https://indianopinion.org/nelco-hits-52-week-high-gains-63-in-six-months/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/nelco-hits-52-week-high-gains-63-in-six-months/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.