Is Nesco the Best Stock in Its Sector? A Look at the Numbers
- October 5, 2026
- Posted by: Neeraj Pandey
- Category: Market
Nesco CMP Rs 1,045 (05 Oct 2026). Market cap Rs 7,245 Cr. ROE 13.77%. P/E 17.39x versus Industry P/E 32.50x.
Quick Answer
Nesco is one of the names investors compare when screening the Realty sector, built on a 13.77% return on equity and a P/E of 17.39x against an Industry P/E of 32.50x. Whether Nesco is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Realty sector peers, so you can judge that for yourself.
Is Nesco the best stock in its sector? The stock trades on the NSE at Rs 1,045 as of 05 October 2026, within its 52-week range of Rs 996.00 to Rs 1,422.80. Nesco Ltd operates the Bombay Exhibition Centre in Mumbai, leases IT park space and runs an industrial engineering business.
Nesco sits in the Realty sector, and its 13.77% ROE and 17.39x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Nesco
Nesco Ltd operates the Bombay Exhibition Centre in Mumbai, leases IT park space and runs an industrial engineering business. The stock opened about 1.6 percent higher but is trading near its 52-week low and roughly 27 percent below its high, and the P/E shown reflects the previous close. At a market capitalisation of Rs 7,245 Cr, it is tracked as part of the Realty sector on Univest.
Is Nesco the Best Stock in Its Sector?
Nesco makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 13.77% ROE with a 17.39x P/E against the sector’s 32.50x Industry P/E. Nesco’s 17.39x P/E is well below the 32.50x Industry P/E and its 13.77% ROE is above the peer average in this comparison, though the stock is trading near its 52-week low.
| Metric | Nesco |
|---|---|
| CMP (NSE) | Rs 1,045.00 |
| 52-Week High / Low | Rs 1,422.80 / Rs 996.00 |
| Market Cap | Rs 7,245 Cr |
| P/E (TTM) vs Industry P/E | 17.39x vs 32.50x |
| P/B | 2.42 |
| ROE | 13.77% |
| EPS (TTM) | Rs 59.12 |
| Dividend Yield | 0.68% |
| Debt to Equity | 0.09 |
Compare Nesco Against Other Realty Sector Stocks
How Nesco Compares Against Its Realty Sector Peers
The table below sets Nesco against 2 other Realty sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Nesco | 7,245 | 17.39 | 13.77% | 0.09 |
| Ganesh Housing | 6,144 | 23.17 | 13.57% | 0.13 |
| Mahindra Lifespace Developers | 7,677 | 23.09 | 8.22% | 0.18 |
| Peer average (2 companies) | – | 23.13 | 10.89% | 0.15 |
Against this peer set, Nesco’s 13.77% ROE is above the 10.89% peer average, and its P/E of 17.39x runs below the peer average of 23.13x. Nesco’s 17.39x P/E is well below the 32.50x Industry P/E and its 13.77% ROE is above the peer average in this comparison, though the stock is trading near its 52-week low.
What Makes Nesco Worth Watching in Realty
- Well below Industry P/E: A 17.39x P/E against a 32.50x Industry P/E is a wide discount for a business with a 13.77% ROE.
- Near debt free: A debt to equity ratio of 0.09 gives Nesco significant balance sheet flexibility.
- Exhibition and leasing income base: Combining exhibition and IT park income with an engineering business gives Nesco a revenue mix that is less dependent on housing project launches.
Nesco Valuation: Is It Justified?
Nesco’s 17.39x P/E is well below the 32.50x Industry P/E and its 13.77% ROE is above the peer average in this comparison, though the stock is trading near its 52-week low. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Nelcast the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Nesco and other Realty sector stocks.
How to Track Nesco Before You Invest
Before deciding whether Nesco deserves its label as the best stock in its sector for your own portfolio, compare it directly against Realty sector peers using the steps below.
- Open the Univest Screener and search for Nesco to view live price, valuation ratios, and peer comparisons within the Realty sector.
- Compare its P/E, P/B, and ROE against other Realty sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Nesco earns a place in the best stock in its sector conversation on the strength of a 13.77% ROE and a P/E of 17.39x against a 32.50x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Nesco the best stock in its sector?
Ans. Nesco has a 13.77% ROE and trades at 17.39x P/E against a 32.50x Industry P/E, and compares above the peer average ROE of 10.89% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Nesco?
Ans. Nesco was trading at Rs 1,045.00 on the NSE as of 05 October 2026, within its 52-week range of Rs 996.00 to Rs 1,422.80.
What sector does Nesco belong to?
Ans. Nesco is classified under the Realty sector on Univest.
How does Nesco compare to its sector peers on P/E?
Ans. Nesco’s P/E of 17.39x is below the 23.13x average of the 2 named peers compared in this article.
What is Nesco’s return on equity?
Ans. Nesco reported a return on equity of 13.77%, which is above the 10.89% average of its named peers in this comparison.
Should I invest in Nesco based on its sector position?
Ans. Nesco’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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