New Document
KSK Energy Ventures Ltd We spoke to the management of KSK Energy Ventures Ltd (KSK), which is into developing and operating power plants for industrial and state-owned consumers. The company has aggressive expansion plans of increasing the current operational capacity of 144MW by 64x to 9,137MW by FY13. The business model of the company is innovative and well-knit. KSK makes sure that its power plants have fuel linkages and long-term off-take arrangements in place. On the flipside, KSK faces execution risk due to the sheer magnitude of the expansion plan ned. At CMP Rs229, KEC trades at adjusted trailing P/E of 69.6x and P/BV of 4.1x. The valuations are at a significant premium to industry average and fully factor the potentially superior earnings growth of the company. . --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
