ICSA India slipped 0.66% to Rs 285 at 9:55 IST on BSE even as the company said on Wednesday, 2 July 2008, it has bagged orders aggregating Rs 145.91 crore from three different clients.
The company made this announcement during trading hours yesterday, 2 July 2008, when the stock declined 1.31% to Rs 286.90.
The stock hit a high of Rs 285 and a low of Rs 285 so far during the day. The stock had a 52-week high of Rs 648.80 on 28 December 2007 and a 52-week low of Rs 235.20 on 5 July 2007.
The company has an equity capital of Rs 8.80 crore. Face value per share is Rs 2.
The current price of Rs 285 discounts its Q4 March 2008 annualised EPS of Rs 34.05, by a PE multiple of 8.37.
In June 2008, ICSA India received approval from Non-Conventional Energy Development Corporation of Andhra Pradesh to set up a 20-megawatt capacity of wind power project at Anantapur in the state.
In February 2008, ICSA India secured an order worth Rs 43.97 crore from Northern Power Distribution Company of AP, Andhra Pradesh.
ICSA India’s net profit rose 104.6% to Rs 37.46 crore on 109.6% increase in net sales to Rs 211.78 crore in Q4 March 2008 over Q4 March 2007.
ICSA India is engaged in providing software development services and technology solutions for the power, telecommunication and other sectors. The company also provides rural electrification, construction of sub-stations and conversion of LT line to HT lines.
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