ICSA advances on introducing SCADA biz in India

ICSA India, which provides embedded technology solutions and infra structure deployment services for the power sector, has entered the Supervisory Control and Data Acquisition (SCADA) business in India.

The scrip is currently trading at Rs 214, up by 6.35 points or 3.06% on the BSE.

The stock opened at Rs 209.75 as compared to its previous close of Rs 207.65. Intraday, the counter touched a high and a low of Rs 215.80 and Rs 208.65 respectively.

So far, 3,37,212 shares of the company were traded on the BSE.

The stock touched its 52-week high of Rs 240 on September 30, 2008 and a 52-week low of Rs 48.35 on March 13, 2009.

The scrip has gained by 9.07% since the past one week and by 8.16% since the last one month.

The real time monitoring and control of the distribution systems through state-of-the art SCADA encompassing all network will help in reducing Aggregate Technical and Commercial (AT&C) losses and increase efficiency in the energy management.