Monday, September 12, 2005

Kaveri Telecom

This article is from Suman speaks. Looks good to me

Currently it is traded at 165-170 /-

Following orders they have:

1/ 20th May 2005: The Company has secured an order from Bharat Electronics Ltd (BEL) worth Rs 17,70,77,000/- for supply of Company's products

2/ 4th August 2005: ZTE Corporation, the largest Telecom Equipment Manufacturer in China has signed Supplies Co-operation Agreement with the Company for supply of Kavveri Antennas for ZTE CDMA Equipment

3/ There is some big NEWS expected and the order which they have received from China is x crorers worth and BEL's itself is a 18 crore order.

And just check its equity which is just 5 crore with EPS of 1.12 and all they have to do is just execute the orders in hand. Its just the mater of time. Its going to be one more Astra Micro. Currently Astra Micro is trading at 2600.

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