INTRA-DAY ************Buy above 99/- stoploss 94/- target 108-109.................********************************
IT IS ALSO A DELIVERY PICK, IF BALANCE-SHEET AND DATA ARE CORRECT :************“ICSA is really one of the most sought after companies in the Power sector, and the fact that the Government of Singapore has increased their stake in us, reinforces the point. A swelling order book position highlights the company’s capabilities in the transmission and distribution sector also.” said Mr. C. Bala Reddy, CMD, ICSA India Ltd.
About ICSA India LimitedICSA(India) Ltd is in the business of construction of power transmission lines and substations. The company's product line includes: Intelligent Automatic Reading System, Multiplexer Unit, Distribution Transformer Monitoring System, Substation Controller, Micro Remote Terminal Unit, Theft Detection Devices, and Pole Top RTU.
The company has developed products suitable for power utilities in the field of Energy Management, Energy Audit, and Control applications and provides versatile Data Acquisition Systems using GSM, CDMA, and RF.
On 31st Dec.2008, Promotor & FII increased their stake
NEGATIVES: Share is in downtrend .......Wrongly CLASSIFIED in software and investment finance etc.. Manipulators are playing in big way with Hyderabad Tag.
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