Scripscan:ICSA India Ltd
Cmp:52
Traded in:Nse-bse
Story:The Hyderabad-based company offers remote telemetry solutions comprising hardware and software components to monitor and control the status of distribution power lines and oil & gas pipelines.ICSA provides a range of solutions suitable for power utilities in the field of energy management, energy audit and control applications. It offers solutions to identify transmission and distribution (T&D) losses and monitor power consumption using GSM network.The company will be a key beneficiary of the power sector reforms.ICSA enjoys monopoly in developing embedded products that help in automation of the distribution network, thereby identifying and reducing power distribution losses.The products developed by the company also find application in other sectors including oil & gas, water, irrigation & mining, which have thrown open big opportunities for the company.The company plans to acheive a turnover of Rs 1,000 crore by 2010.It is also looking to enter other countries soon.The company already has presence in Sri Lanka but is planning to enter the African,Latin American and Asian countries in two years.With its foray into the oil & gas sector and solid pathfooth established in the Gulf region is set to bring immense benefits of expansion and diversification.Given its future potential,the stock looks damn attractive at current levels.Buy at present levels of 52rs to mint money.
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