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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
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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

 
  
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