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NESCO leases over 6 lakh square feet prime office space in Mumbai

31 Oct 2019 Evaluate

NESCO has given on lease over 6 lakh square feet prime office space in Mumbai to corporates like HERE Technologies and IndiaFirst Life Insurance. Nesco has developed 'Nesco Tower-4' comprising one million square feet of leasable area in Goregaon East, Mumbai, with an investment of about Rs 600 crore, excluding land cost.

NESCO is a tool manufacturing company. The company’s engineering products include forging hammers and presses, blowroom lines and high production cards for the textile industry, and sucker rod pumps for onshore oil recovery. The company also provides equipment to the Indian Railways, numerous Ordnance Factories, and Forging Plants.

Peers
Company Name CMP
Sagility 44.28
Prime Focus 309.35
Knowledge RealtyTrt. 113.80
Indegene 613.70
Syngene Internatl. 378.50
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