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    HomeNewsBusinessStocksHold KSK Energy, JP Power, Rcom, Lanco Infra: Emkay

    Hold KSK Energy, JP Power, Rcom, Lanco Infra: Emkay

    Emkay Global Financial Services has maintained hold rating on KSK Energy; Jaiprakash Power Ventures; Reliance Communication and Lanco Infratech in its August 17, 2011 research report.

    August 26, 2011 / 16:05 IST
       
       
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      Emkay Global Financial Services has maintained hold rating on KSK Energy; Jaiprakash Power Ventures; Reliance Communication and Lanco Infratech in its August 17, 2011 research report. KSK Energy
      1Q12 conso. PAT of Rs406mn was marginally below est. - mainly due to higher fuel cost (Rs3.2/unit vs our assumption of Rs2.9/unit) at Wardha Warora. Key highlight - linkage coal supply has started 1 wk back for Wardha Warora. KSK has been allocated 1.4mn MT for FY12 - cost ~30% cheaper than e-auction - full impact in 3Q. Reliance Infra

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      first published: Aug 26, 2011 02:18 pm

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