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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2015-02-11||Jaiprakash Power Ven..||HDFC Securities||10.55||10.55 (-79.15%)|
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.
|2015-02-11||Jaiprakash Power Ven..||ICICI Securities Limited||10.55||10.00||10.55 (-79.15%)||Hold|