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. Going forward the mobile technology in India is set to see revolutionary changes with telecom operators going for superior technical rollover to 3G from the existing
2G mobile technology. 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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