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Bartronics India
Bartronics eyes buy in Europe
Posted by :
latikavTracked by: 0 Boarder
MUMBAI: Bartronics India, the country’s largest smart-card manufacturer and automatic identification and data capture (AIDC) company, is incubating several new products and services ideas that could become growth drivers for the future, a senior company official said on Tuesday.
The company is also looking to expand its geographical spread into Europe through an acquisition.
Sudhir Rao, managing director of Bartronics, said the company is exploring several new segments like tracking applications and point of sales (PoS) products. “These are currently in the lab stage and could find commercial application in the future,” he added.
Rao said, with technology becoming affordable, tracking of goods and people is likely to be a big business opportunity. The company is investing in GIS and GPRS technology to fine-tune these applications.
For retail PoS products, it has tied up with chip major Intel to use the latter’s architecture in the products.
Rao said the PoS products are ready and are undergoing field tests. These are a fifth cheaper than similar products from competitors and are also more complex and versatile. The company plans to get these products contract manufactured and would not set up its own facility.
Rao said the company is looking to enter Europe this year through an acquisition. “We have identified three firms in the RFID (radio frequency identification) space in the $50-100 million valuation range. They have a customer base and are profit making,” he said.
Next year, Bartronics plans to enter the West Asian market
Bartronics has two businesses - AICD and smart cards. Under AIDC it provides solutions for barcode, bio-metrics, radio frequency identification (RFID), and radio frequency data communication (RFDC). With a 70% growth rate, RFID is the fastest growing segment. Looking at the boom in application space like government, retail, telecom, and healthcare, Rao said there is strong revenue visibility beyond 2010.
The company on Monday won a smart card project worth Rs 400 crore from the government, taking its order book position to Rs 900 crore.
Revenues from the Rashtriya Swasthya Bima Yojana Scheme (RSBY) would begin flowing in from next fiscal, when the smart cards would be distributed. Rao said smart card realisation for the project would be higher than its current realisation, which would boost margins. Of the other 10 government orders in the pipeline, the company has L1 (lowest bidder) status in four of them, with a total deal size of Rs 250 crore. The company is likely to revise its full year guidance of Rs 500 crore topline and Rs 85-90 crore bottomline at the end of the current quarter.
DNA...
Bartronics Competition.
Posted by :
GuestTracked by: 0 Boarder
Does any boarders know of the competition to bartronics in India and Abroad? Which are the companies that work on biometrics. It is definitely not a market leader at a PE of 14.88...
Bartronics India..
Posted by : GuestTracked by: 2 Boarders
I have been tracking this stock since January 2008..this stock has gone on to 145 levels and come back on 250 leavels...
I see this stock touching new highs by the december on the orderbook of 500 Cr..Today also it has bagged a 400Cr project...
It will surely rise in the coming days.My Short term target would be 210.if this goes than 250 is touched with 230 another support...
The stock by nexst april when they come out with the result (PAT will around 100cr from current 26cr)...is 310 to 320.
The market is dipping but this bounces back again to 180 levels currently.....
In reply to:
Bartronics India..
Posted by :
balwantc
What's your reason behind the trend you predicted for Bartronics fall?
I feel this is quality stock and everybody should have it. I have already earned in Bartronics in past and planning to invest more soon.
Bartronics bags Rs 400 cr order from ESIC
Posted by : GuestTracked by: 0 Boarder
dear friend, this is a stock which one has 2 understand . plse see my other comments and performance response on other messages on top. the management is sleepy at this point. plse write to them to become proactive and promote their company in print/tv media. i have done the same and see the actvity in the last seven days . the volumes have picked up because their news is being given on all forms of media. u need to participate and ensure we push the PR department to publisie the company. take care...
In reply to:
Bartronics bags Rs 400 cr order from ESIC
Posted by : latikav
Bartronics bags Rs 400 cr order from ESIC
-------------------------------MUMBAI: Identification technology services provider Bartronics India on Monday said it has received an order worth Rs 400 crore from Employee State Insurance Corporation for supplying smart cards for the Rashtriya Swasthya Bima Yojna scheme.
As per the order, the company would provide district-wise smart cards under the Rashtriya Swasthya Bima Yojna scheme covering 609 districts across the country, Bartronics said in a filing to the Bombay Stock Exchange.
The Hyderabad-based firm would provide smart cards for the health insurance scheme (RSBY), the objective of which is to protect below poverty line (BPL) households from major health shocks that involve hospitalisation.
Smart card is an electronic recording device and information in the microchip can instantaneously verify the cardholder's identity and any privileges to which he may be entitled. Shares of the company jumped as much as 6.39 per cent over its previous close and witnessed an intra-day high of Rs 187.50. The scrip was later trading at Rs 180.60, up 2.44 per cent in afternoon trade on the BSE.
ET
Bartronics India..
Posted by : balwantcTracked by: 2 Boarders
What's your reason behind the trend you predicted for Bartronics fall?
I feel this is quality stock and everybody should have it. I have already earned in Bartronics in past and planning to invest more soon.
...
In reply to:
Bartronics India..
Posted by : OldNovice
You are right Guestbhai.
It's really funny to see the price stuck at a narrow range while the index got improved a lot. Everybody should SELL this stock now. Why anyone should keep such stock ? Right ?
Bartronics India
Posted by :
zoombusinessTracked by: 0 Boarder
Bartronics India has bagged a Rs. 400 crore contract for providing smart cards under the Rashtriya Swasthya Bima Yojana scheme by Employees State Insurance Corporation (ESIC). The smart card would contain individual and family data including bio-metric in a 32K micro-chip The solution may also be extended to any other type of ESI beneficiaries, says a release.
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Good buy
Posted by : True valueTracked by: 0 Boarder
Bartronics is a very good stock to take delivery...
Bartronics bags Rs 400 cr order from ESIC
Posted by : latikavTracked by: 0 Boarder
Bartronics bags Rs 400 cr order from ESIC
-------------------------------MUMBAI: Identification technology services provider Bartronics India on Monday said it has received an order worth Rs 400 crore from Employee State Insurance Corporation for supplying smart cards for the Rashtriya Swasthya Bima Yojna scheme.
As per the order, the company would provide district-wise smart cards under the Rashtriya Swasthya Bima Yojna scheme covering 609 districts across the country, Bartronics said in a filing to the Bombay Stock Exchange.
The Hyderabad-based firm would provide smart cards for the health insurance scheme (RSBY), the objective of which is to protect below poverty line (BPL) households from major health shocks that involve hospitalisation.
Smart card is an electronic recording device and information in the microchip can instantaneously verify the cardholder's identity and any privileges to which he may be entitled. Shares of the company jumped as much as 6.39 per cent over its previous close and witnessed an intra-day high of Rs 187.50. The scrip was later trading at Rs 180.60, up 2.44 per cent in afternoon trade on the BSE.
ET...
Bartronics - Blue chip in the making
Posted by : svgan_inTracked by: 0 Boarder
Bartronics last qtr turnover 123 cr NP 23cr. It has received order worth 400 crore today. Great Show !!! Accumulate in every fall. ...
It is defenetly a buy.
Posted by : smartinvestorTracked by: 0 Boarder
It is right and volume was also very high on thursday. It was due to market decline that it could not sustain at higher levels. Once 185 is taken out , it can easily jump to 200-210 zone ( 200 DMA & EMA resistance zone). After crossing these levels , it can jump to 250 rs zone easily. Buy it in bulk for 35-40 % appreciation. Disclaimer : I hold 1200 shares @ 174 and intend to book profit @ 250....
In reply to:
It is defenetly a buy.
Posted by : sivakripa
As we all know bartronics is stuck to a range 176 - 182 for a while.Now it is elementary that the stock should either break down or should go up.The present prospects of the company,the market ,and the outlook in general and last but not the least the Technicals suggest that the stock will break upwards.on friday the stock tired to break on the upper side(reached 184) but failed .but i think next time it will make it.one last thing ,As consolidation extends the strength of uptrend also extends
BSE Announcements on Bartronics
Posted by : MMB MessengerTracked by: 0 Boarder
Bartronics India Ltd has informed BSE that the Company has been awarded a prestigious contract worth over Rs 400 crores, for providing Smart Cards by the Employees State Insurance Corporation. The contract is for district-wise operation of Smart Cards under the RSBY Scheme covering 609 districts across the country....
NSE Announcements on Bartronics
Posted by : MMB MessengerTracked by: 0 Boarder
bartronics bags 400cr order
Posted by : GuestTracked by: 0 Boarder
Bartronics India Limited has informed the Exchange that: \\\\...
It is defenetly a buy.
Posted by : sivakripaTracked by: 0 Boarder
As we all know bartronics is stuck to a range 176 - 182 for a while.Now it is elementary that the stock should either break down or should go up.The present prospects of the company,the market ,and the outlook in general and last but not the least the Technicals suggest that the stock will break upwards.on friday the stock tired to break on the upper side(reached 184) but failed .but i think next time it will make it.one last thing ,As consolidation extends the strength of uptrend also extends...
Bartronics India..
Posted by : OldNoviceTracked by: 2 Boarders
You are right Guestbhai.
It's really funny to see the price stuck at a narrow range while the index got improved a lot. Everybody should SELL this stock now. Why anyone should keep such stock ? Right ? ...
In reply to:
Bartronics India..
Posted by : Guest
You are 100% right. This has been around for a while and still not showing any signs of breakout, so shit this stock and switch before it is too late.
All these fancy stocks will bite the dust.
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