Betadpur told CNBC-TV18, "KSK Energy is an energy producer and the beauty of the stock is that they have already started producing energy, the power is coming off. The last quarter we had a huge earnings improvement; 69% year on year growth because you had new 270 mw power plant that came on stream."
He further added, "To the end of the year we will have another 450 mw coming on stream, so by the end of the year we will have almost 862 mw in production. So the earnings are going to be jumping substantially, between 2010 and 2013 earnings CAGR is almost 60% for this stock. The stock is the cheapest in the power space at nine times earnings."
