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

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

first published: Aug 26, 2011 02:18 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.