jaiprakash power ventures (JPMorgan) Mar-q results: Business as usual, but PPA uncertainty on Karcham Wangtoo remains

Mar-q result update; FY11 PLF for run-of-river projects healthy, but it's business as usual; Karcham Wangtoo Unit-I (250MW) synchronized on 13th May, 2011; Uncertainty surrounding Karcham PPA remains; Maintain neutral
Date Rating Target Price Recommendation Price Broker house
16 May 2011 neutral 46 (From 44) 47 JPMorgan Report

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