In the past three-four years post-Covid, as return-to-office, business meetings and outdoor activities (exhibitions, events/concerts, hospitality) saw strong traction, many businesses focused on these segments have been strong beneficiaries.

As a player operating in multiple segments — IT office park, exhibition centre, events hosting, food & beverages — Nesco has delivered on multiple fronts and generated stellar gains in its financials in recent years.

We had recommended a buy in the stock of Nesco at ₹888 in August 2024. The price has risen sharply over the past year or so. However, the company still remains an attractive bet on the exhibitions, commercial realty and hospitality spaces and is quite reasonably valued even at the current price.

At 1,345, the stock trades at 19 times it

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