Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Established in 1984 and headquartered in Delhi, India, North Eastern Carrying Corporation Limited (NECCL) delivers an extensive array of transportation and logistics solutions. Its operational reach spans India, Nepal, Bhutan, and Bangladesh. The company accommodates a wide spectrum of cargo needs, handling everything from individual small parcels and full truckload shipments to complex project deliveries and oversized consignments. Additionally, NECCL provides containerized freight services, packing and relocation assistance, and offers comprehensive warehousing, third-party logistics (3PL), and storage facilities. The firm maintains a significant operational footprint through a network of approximately 250 branches.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT