ICICI Securities has buy call on with a target price of Rs 883. The current market price of CESC Ltd. is Rs 594.4.
CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 7871.90 Crore) operating in Power sector.
CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 7871.90 Crore) operating in Power sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2581.00 Crore, down -14.25 % from last quarter Total Income of Rs 3010.00 Crore and up 8.58 % from last year same quarter Total Income of Rs 2377.00 Crore. Company reported net profit after tax of Rs 316.00 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 49.9 per cent stake in the company as of Sept 30, 2020, while FIIs held 16.1 per cent, DIIs 25.6 per cent and public and others 8.4 per cent.
