Q.
What is the future of the company as a short term equity
About: Company: ICSA-India Ltd.
Asked by SWEET HEART,
26 Feb '09 10:05 am
Earn 10 points for answering
Answers (1)
1.
Hi SWEET HEART,
The short-term future for this company is negative.Two major Mauritius based Shareholders (CLSA and Deutsche Securities) are exiting this company.It does some very interesting work in Power Infrastructure Automation,for which there is a need in India even now.However expect Sales to decline or be at best flat for the next two quarters.
Regards
Ashish.
Answered by ashish, 26 Feb '09 04:24 pm
The short-term future for this company is negative.Two major Mauritius based Shareholders (CLSA and Deutsche Securities) are exiting this company.It does some very interesting work in Power Infrastructure Automation,for which there is a need in India even now.However expect Sales to decline or be at best flat for the next two quarters.
Regards
Ashish.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received