Stock Market

Buy CESC, price target Rs 810: Chandan Taparia

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Chandan Taparia of Motilal Oswal Securities has a buy call on CESC Ltd.

with a target price of Rs 810.0 .

The current price of CESC Ltd.

is Rs 769.9 .

Chandan Taparia recommended to keep a stoploss at Rs 750 .

CESC Ltd., incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 10205.57 Crore) operating in Power sector.

CESC Ltd.

key Products/Revenue Segments include Electricity which contributed Rs 7557.73 Crore to Sales Value (97.47 % of Total Sales) and Other Operating Revenue which contributed Rs 195.94 Crore to Sales Value (2.52 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 3010.00 Crore, unchanged .00 % from last quarter Sales of Rs Crore and unchanged .00 % from last year same quarter Sales of Rs Crore Company has reported net profit after tax of Rs 333.00 Crore in latest quarter.

The company’s top management includes Mr.Aniruddha Basu, Mr.Brij Mohan Kaitan, Mr.Chandra Kumar Dhanuka, Mr.Kalaikuruchi Jairaj, Mr.Pradip Kumar Kaitan, Mr.Pratip Chaudhuri, Mr.Sanjiv Goenka, Ms.Rekha Sethi.

Company has S R Batliboi - Co.

LLP as its auditoRs As on 30-09-2019, the company has a total of 132,557,043 shares outstanding.




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Category: Stock Market


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