CESC Ltd. News and Updates

Name: Latest research reports of CESC Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: CESC Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on CESC Ltd. from all sources in a single place.

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CESC Ltd.

10 Nov 2017

165.19

1.29%

CESC

Buy: CESC Ltd.

Recommendation Target

ICICI Securities Limited

CESC reported lower than expected Q2FY18 results mainly led lower than expected revenues and higher other expenses which lead to lower profitability. Adjusting for one off to the tune of |25 crore, PAT...

Number of FII/FPI investors decreased from 260 to 230 in Mar 2025 qtr

CESC Ltd.

08 Nov 2017

165.19

1.29%

CESC net marginally up at 247 cr in Q2

Business Line

Power utility company CESC today reported 2 per cent increase in its standalone net profit to Rs 247 crore in the quarter ended September 30, 2017. The company's standalone net profit was Rs 242...

CESC Ltd. has gained 35.20% in the last 3 Months

CESC Ltd Q2 profit up 2% at Rs247 crore

livemint | 08 Nov 2017

CESC Ltd.

08 Nov 2017

165.19

1.29%

CESC: In-line results; Spencer's sales weak, EBITDA positive

Buy: CESC Ltd.

Target

Motilal Oswal

CESC's standalone PAT grew 2.1% YoY to INR2.47b, marginally below estimate. T&D; loss (provisional) declined 100bp YoY (30bp QoQ) to 10.8%. Sales grew 4% YoY to 2.75BU. Realization was up 2.8% YoY to INR7.57/kWh. The tariff for FY18 is pending regulatory approval, delaying cost and capex recovery. However, this was offset by impressive reduction in T&D; losses (drives incentive income) and power exports. Spencer sales down, but EBITDA positive on efficiency gains: Average sales declined 5% while same-store sales declined 1% YoY, as it continues to face...

Number of FII/FPI investors decreased from 260 to 230 in Mar 2025 qtr

CESC Ltd.

11 Sep 2017

165.19

1.29%

CESC demerger: investors check in for valuation gains

livemint

CESC stock has recouped losses as general uptrend in equity markets and articulation of demerger benefits by management helped investors eye valuation gains

CESC Ltd. is trading above its 150 day SMA of 163.1

CESC Ltd.

04 Sep 2017

165.19

1.29%

HDFC Securities' Pick Of The Week: CESC

NDTV Profit

CESC is now looking to demerge its businesses into separate entities so that it can have a simplified and concentrated portfolio which would drive value unlocking.

CESC Ltd. is trading below its 200 day SMA of 169.3

CESC Ltd.

31 Aug 2017

165.19

1.29%

More gains ahead for CESC

Business Standard

Demerger of the company's four businesses will lead to further re-rating

CESC Ltd. has gained 35.20% in the last 3 Months

CESC Ltd.

28 Aug 2017

165.19

1.29%

CESC touches all-time high on BSE on clarity over the demerger date

Business Standard

The CESC scrip touched its all-time high on the BSE on Monday closing at Rs. 1020.15 apiece, up by 6.65 per cent than the last closing. On August 29, last year, the company's shares were valued at Rs. 649.90, which is 57 per cent lower than its current valuation.Analysts opined that the rise is primarily on account of the clarity over the demerger date which is expected to be October 1 with the company expected to complete the due diligence process by the end of September."As a result of the demerger, the value which will be unlocked will be very high. The shareholders previously were unsure on the date on which it'll happen. Now, since there is some clarity and October 1 is the expected date of demerger, its shareholders are reacting positively", Rupesh Sankhe, research analyst with Reliance Securities told Business Standard.Sankhe further reasoned that when the company had announced the demerger process, its scrip had touched Rs. 988.30 in May this year but then hovered around Rs. ..

CESC Ltd. has an average target of 195.00 from 1 broker.

CESC Ltd.

28 Aug 2017

165.19

1.29%

CESC jumps on demerger; analysts see 30% upside

Economic Times

It opened at Rs 963 and touched an intraday high and low of Rs 1,007 and Rs 962 respectively, till around 11 am (IST).

Number of FII/FPI investors decreased from 260 to 230 in Mar 2025 qtr

CESC Ltd.

14 Aug 2017

165.19

1.29%

CESC

Hold: CESC Ltd.

Target

ICICI Securities Limited

ventures (First source, Property, FMCG). The listing of various entities will 10.1 happen post October 2017. Existing shareholders will be entitled to one 14.1 share of each business demerged for one share held in the pre demerger entity. This would lead to elimination of holding company discount and allow discovery of true worth of all the businesses, which we believe is...

CESC Ltd. has an average target of 195.00 from 1 broker.

CESC Ltd.

28 Jul 2017

165.19

1.29%

CESC to expand in solar, wind power

Business Line

Kolkata-based CESC Ltd is looking to expand in solar and wind power. According to Sanjiv Goenka, Chairman of the RP Sanjiv Goenka group, hydro power does not have a good future. "We are...