Nutek India’s (42.05) (BSE Code : 533015) :- Being an end to end service provider, Nutek India’s gambit of services ranges from undertaking turnkey infrastructure rollouts including civil & electrical infrastructure, construction, installation and integration of telecom equipment to taking up operation & maintenance contracts. With 100% dependence on telecom sector, company is growing at a CAGR of more than 50% since the last five years. The telecom operators will have to invest in their network upgradation thereby improving the quality of service being offered to their subscribers as a pre requisite to retain their customer base and build upon the same. For FY10, company is expected to record a topline of Rs 180 cr and bottomline of Rs 14 cr i.e. EPS of Rs 4 on current equity of Rs 17.26 cr having face value as Rs 5/- per share. For FY11 it has the potential to post fully diluted EPS of almost Rs 5. Buy at declines.
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