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11 Feb 2015
|
Jaiprakash Power
|
HDFC Securities
|
14.96
|
|
10.55
(41.80%)
|
|
|
|
|
Jaiprakash Power Ventures (JPVL) reported higher than estimated PBT, aided by recognition of arrears (Rs 1.26bn) as final tariff for Bina power plant came through in the quarter. Adjusted for these arrears, result was below our estimate due to higher than expected loss from Nigrie plant.
|
|
11 Feb 2015
|
Jaiprakash Power
|
ICICI Securities Limited
|
14.96
|
10.00
|
10.55
(41.80%)
|
|
Hold
|
|
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|