Mar 11, 2010

ICSA bags Rs.129.52Cr from Power Grid (11/03/10)

We hereby declare and intimate that the Company has secured work orders for a total contract value of Rs.129.52 Crores as detailed below:


1.Supply of Equipments & Materials, Installation and Commissioning of 400 KV, 400/132kv Substations under Substationpackage- `PB-Sl` associatedwith Pallatana GBPP & BongaigaonTPS TransmissionSystem in North Eastern Region : Rs. 85.54Cr                                           
                                                                                                                                           
 
2.Design, engineering, manufacturing, testing, supply, storage, erection, testing and commissioning of 400kv and 200kv Transformer Bays in Misa, Bongaigaon, Balipara Substations under substation package - `SI` associated with North East - North West Interconnector-I and Transmission system of Kameng HEP.            : Rs.43.98 Cr
 
                                                                                                                                                                                                                                                                                            
Total value        : Rs.129.52 Cr
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With thanks
Be and make

9 comments:

Manju said...

Dear Be and make

Is this a buy call?

Manju_Berlin

Unknown said...

Dear Kalyan San , Please inform if Beckons is still Hold or Buy ? There is lot of negative comments in this counter.My regards.Capt Anil

Be and Make said...

Dear Manju – It is not a buy call, if so I will clearly mention it with proper targets and stop losses.

The current order is a very promising event for the future of the company. The management and the analyst's forecast is that the orders will improve after the Q4 and will ramp up in second half of this calendar year.

So, it is happening as they were predicted.

Hence, we need to have a close look in this counter from here; that’s the motto behind this post.

With thanks
Be and Make

Be and Make said...

Dear CaptAnil – I will hold this because having very less quantity.

With thanks
Be and make

Unknown said...

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work from house

sudhir said...

Hi B&M,
This private message is posted by mistake in concurrent board. sorry for that.

Here is my question.

You know i am very good follower of yours.I pretty much like your stock selection.Since I need your personal opinion abut my investment.I have bought sakthi sugars 565@102. and concurrent 2750@18.24. I am very much convinced abt concurrent. i am frm hyd actually, so i tried the background search for Concurrent and Mr.sudhir babu. I found he is very enthusiastic guy with lot of commitment.So now i want to invest more into the concurrent.so now should i sell sakthi sugars 565@63CMP and invest that into concurrent. I know you are not tracking the sugar space..This sakthi is very much undervalued share and its Mcap is 195Cr.and its last sep Quarter sales r 415cr.the year end will be dec. awaiting for dec results.they will come before 31st marchFY10. They have 1000cr debt ,its huge compare with peers.They convert the FCCB`s at Rs.200 In my view it will post good set of numbers in dec and coming march also..but sugar prices are coming down these days with govt intervention and brazil`s bumper crop.so stock has beaten down with the market sentiment.should i exit shakthi after dec results or exit now and invest that money in concurrent at current dips.i m really confused please advice me i am really concern abut your suggestion.Please take this as personal as if u r in the same situaltion what will you do?.please dont say ur not tracking or something else.Please give me your valuable suggestion. i am really awaiting for your suggestion.Your Help would be really appreciable.

Thanks& Regards,

Sudhir raj ( BULLSUDHIR

Be and Make said...

Dear Bullsudhir – Sorry for the delayed reply.

As the sugar stocks are beating down and the “surprise output from brazil” will erode the bullishness in the sugar prices. Hence, better to switch from this sector to other is a wise idea.

If you put the gun and ask “what you will do?” then without any hesitation I will convert the allocation from sugar to concurrent. Some good news likely to come… please have a close look in this concurrent counter!

With thanks
Be and make

sudhir said...

Dear B&M

Thanks for your valuable suggestion. hey ur frm hyd. i am also frm hyd.where do u work bmji.lets hope our concurrent becomes another lanco:)

ram.blogspot.com said...

Please give me your valuable suggestion. what about ispat industry. i am holding 1000 @19.50
what should i do