Nesco: JIO exhibition center would be solid completion . How ever greater mumbai area can have two large exhibition center. Another thought , if nesco’s exhibition segment goes down , can it be used for IT building and nesco becoming almost an REIT ?
What would be the valuation at which Nesco is screaming buy? I guess its 15x EVEBITDA should be decent since its debt free and will remain debt free and if co doesnt. need to invest further ,we might be earning 5% dividend yield with tool business for free
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