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Nelco is currently trading at its upper circuit limit of Rs 856.65, up by 77.85 points or 10.00% from its previous closing of Rs. 778.80 on the BSE.

The scrip opened at Rs. 848.00 and has touched a high and low of Rs. 856.65 and Rs. 840.85 respectively. So far 38621 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 968.55 on 19-Oct-2021 and a 52 week low of Rs. 453.55 on 26-Aug-2021.

Last one week high and low of the scrip stood at Rs. 820.00 and Rs. 707.65 respectively. The current market cap of the company is Rs. 1954.74 crore.

The promoters holding in the company stood at 50.09%, while Institutions and Non-Institutions held 7.45% and 42.47% respectively.

Intelsat, operator of one of the world’s largest integrated satellite and terrestrial network and leading provider of inflight connectivity (IFC), has began Intelsat’s inflight connectivity services in Indian skies through an agreement with Nelco, India’s leading satellite communication service provider.

This agreement is welcome news for Intelsat’s airline partners and flyers as they will enjoy endto-end broadband coverage on domestic and international aircraft flying to or from an Indian airport, as well as aircraft flying over the country. Intelsat’s IFC service enables airline passengers a seamless at-home and in-office connectivity experience. Further, it allows an airline to differentiate itself, enhancing the passenger experience while driving passenger loyalty and optimizing flight operations.

Nelco, a part of Tata Group, is a leading Satellite Communication Service Provider in India, providing highly reliable data connectivity solutions across the country for the Enterprise, Aero IFC and Maritime sectors.