Monday, January 07, 2008

New Stock Idea - ICSA

Another stock idea - ICSA.

Its present in the products and solutions of Power transmission and distribution.

ICSA's main products are Distribution Transformer Monitoring Systems, Theft Detection Devices, Intelligent Automatic Meter Reading, Remote Street Light Control Systems in the Power Transmission and Distribution space. Its Intelligent Cathodic Protection Solutions is a star in the Oil and Gas pipeline space.

ICSA’s clients in the power sector include almost all SEBs and leading private players like Reliance Energy. In the Oil and Energy space, it has huge orders from Oil India and is expected to finalize contracts with several others.

I will put the financial data in the next blog entry.

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