Forbes had a article in Sep 2010 about Micro technologies.
Promoter - Sekhar Padmanabhan, pHd from University of Mumbai. Aditya Sekhar is his son and taking over his reins - now, he is the Chief Strategic Officer.
Established in 1992
223 Cr market cap at current price of Rs. 156.20. FY11 NP was at 44Cr. Expected NPM is 10 to 13 %. Regular dividend payer with a yield of 0.5 to 0.75%.
Mumbai based company. Production and assembly in Baddi, HP (tax benefits).
Security products like software that calls or SMSs when someone accesses your computer or black boxes placed in power stations which monitor temperature, fuel levels, sabotage etc and calls/SMSes employees.
Clients:
Reliance Industries, Reliance Energy, ICICI Bank, Bank of Maharashtra, Sicom,
HPCL, BPCL, IL & FS, IOC, TVS Group, Rolta, Eureka, Glenmark, Pantaloon,
Shapoorji Group, Mumbai Railway, RCF, Atlas Copco, MTNL & L & T etc.
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