Investors with a quick point of view can consider taking fresh exposure in the ‘Nelco’ stock. It has shown brilliant upward movement on Monday, and this is the time you must go with this stock to earn good returns.

The stock has seen a decent rise in recent trading sessions. It has gained 7.2% on Monday, and there are lots of big expectations from this stock in today’s session.

Nelco Ltd has an intraday target between Rs 134-143. So, the interested investors do not miss the opportunity, and purchase this stock with a stop loss at Rs 127.

Investors need not to worry as the stock has the capacity to break its earlier records, and achieve the said target.

Nelco ltd was established in 1940. A part of the leading business house-The TATA group, it focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation.

The Company caters to some of the core industries like Defence, Railways, Steel, Cement, Automobile, Oil and Gas, Paper, Ceramics and Services.