The company announced this during market hours today 30 January 2008.
Meanwhile, BSE Sensex was down 181.47 points or 1.01% to 17,908.96, tracking subdued trend in Asian markets.
On BSE, 12,499 shares were traded in the counter. The stock had an average daily volume of 1.75 lakh shares in the past one quarter.
The stock hit a high of Rs 475 and a low of Rs 459 so far during the day. The stock had hit a 52 week high of Rs 648.80 on 28 December 2007 and a 52 week low of Rs 184.60 on 7 March 2007.
The mid-cap scrip had underperformed the market over the past one month till 29 January 2008, declining 22.94% as compared to the Sensex's fall of 10.82%. It however outperformed the market in the past one quarter, rising 26.04% as compared to the Sensex's fall of 8.8%.
The company's current equity is Rs 8.8 crore. Face value per share is Rs 2.
The current market price of Rs 463.70 discounts its Q2 September 2007 annualised EPS of Rs 28.52 by a PE multiple of 16.25.
The company's net profit rose 92.8% to Rs 28.88 crore on 95% rise in sales to Rs 146.23 crore in Q2 September 2007 over Q2 September 2006.
ICSA India is engaged in providing software development services and technology solutions for the power, telecommunication and other sector. The company also provides rural electrification, construction of sub stations and conversion of LT line to HT lines