KSK Energy Ventures Ltd.

NSE: KSK | BSE: 532997 | ISIN: INE143H01015 | Industry: Electric Utilities
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Reliance Securities
Pangs to Persist in the Near-term; Stock Available at Significant Discount to Assets KSK Energy Ventures (KSK) incurred Rs2.91bn net loss in 2QFY17 owing to higher fuel cost, higher depreciation and interest cost on account of commissioning of Mahanadi Power Project. Though we expect the earning pain to persist in the near-term, we continue to remain positive on KSK as the stock is available at significant discount to its assets. Hence, we reiterate our BUY recommendation on the stock with a...
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