Central government has planned to cover the entire Indian population of 120 crores in about 4 years with coverage of 10 lakhs population per day. During Fy12, the Company became a preferred partner in India to integrate and sell the Biometric devices of L1 Identity Solutions Inc, USA. This gives an added advantage to integrated division of the company in addressing the Business opportunities in NPR and AADHAAR. The company firmly believes that in bringing new customers and adding value to the existing relationships (with the current customers) will only help in getting additional business opportunities for the company. During FY12 the client base of your Company has increased from 21 to 30.
For more you can visit its website: http://www.terasoftware.com/sites/terasoftware/
Indiabulls Securities Ltd which was asked to be accumulated on all declines, hit the buyer freeze in the early afternoon trade. The stock was strongly recommended a number of times here in this blog. The scrip is locked at the upper freeze at Rs.9.21.
Buy KSK Energy Ventures Ltd at Rs.61.50, T--Rs.72, SL--Rs.58. The company would also benefit if the Coal India Ltd signs FSA.