Saturday, August 2, 2008

Investment Opportunity

My Pick today is ICSA INDIA LTD. The company secures a work order approx 225 cr in the month of July 2008. They have strong order book position and only 11.2 PE with 65.92 % return on equity strong investment opportunity in short, median and as well as long term. Below are some facts about it:

# Name of company ICSA INDIA LTD
# Engaged in IT sector
# Face value Rs2
# Total Equity share capital 8.8 cr
# Sales 670 cr approx
# Gross profit 164.25 cr
# Net profit 126.51 cr
# EPS 28.75 Rs
# Market price as on 1st aug 2008 is Rs 337.95
# PE Ratio Just only 11.2
# Last divdend 38%
# returns on equity 65.92
# Operating profit margin is 25.8%
# 52 weeks high /low 648.8 /251.16

1 comment:

KnowYourProfit said...

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As such we all had seen 5% correction in bse so this is the right time for the investors to take positions for handsome returns,no doubt everyday the market is giving opportunities to
make money provided you are taking timely entry and exit from the positions

Regards

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