Earlier, KSK Energy stock value deteriorated ~60% on account of de-allocation of coal mines to its Mahanadi plant (80% of portfolio). However, at the CMP, stock is available at a significant discount to its asset. Thus, we recommend BUY on the stock with a revised Target Price of Rs60. At the same time, we believe near-term trigger could be long-term coal linkage for Mahanadi power plant, hence we shall...