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: 3
Author: ICICI Securities Limited

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CESC Ltd.

16 Feb 2017

161.64

-1.58%

CESC Ltd Q3FY17 results comment

Results Update: CESC Ltd.

HDFC Securities

Revenue decreased by 19.41% to Rs. 1574.0 Cr in Q3FY17 when compared to the previous quarter. On the other hand, it rose by 3.08% when compared with Q3FY16.

Sharekhan released a Buy report for CESC Ltd. with a price target of 195.0 on 06 Aug, 2025.

CESC Ltd.

15 Feb 2017

161.64

-1.58%

CESC declares interim dividend of Rs 10 per share for FY17

Business Standard

Dividend will be paid on and from March 6

CESC Ltd. has an average target of 196.50 from 2 brokers.

CESC Ltd.

13 Feb 2017

161.64

-1.58%

CESC

Hold: CESC Ltd.

Target

ICICI Securities Limited

CESC reported better-than-expected Q3FY17 results on account higher-than-expected traded volume from the subsidiary. The power purchase from subsidiary increased 23% YoY to 129 crore units Lower fuel costs in the base business also helped EBITDA and profitability. The base business saw a decline in generation to the tune of 26.8% YoY to 117 crore unit. Revenues came in at | 1620 crore vs. our estimate of | 1542.5 crore Absolute EBITDA came in at | 315 crore, which was in line with our...

Sharekhan released a Buy report for CESC Ltd. with a price target of 195.0 on 06 Aug, 2025.

CESC Ltd.

11 Feb 2017

161.64

-1.58%

CESC (3QFY17): Stable business; restructuring trigger. Downgrade to NEUTRAL

Neutral: CESC Ltd.

Recommendation Target

HDFC Securities

CESCs 3QFY17 result was ahead of our estimates led by Ind-AS adjustment on contribution from customers (Rs 410mn) and higher merchant sales (35 MUs vs. 7 MUs QoQ). These gains were partly negated by the WBERC order disallowing recovery of a negative bid on its captive mine. Consequently, PAT at Rs 1.5bn grew marginally by 5% YoY.

Sharekhan released a Buy report for CESC Ltd. with a price target of 195.0 on 06 Aug, 2025.

CESC Ltd.

11 Feb 2017

161.64

-1.58%

CESC plans Rs 600-cr investment to raise wind energy output

Business Standard

This addition is likely over the next five-odd weeks

CESC Ltd. is trading below all available SMAs

CESC bags another deal in Rajasthan

Business Line | 10 Feb 2017 1 more

CESC Ltd.

06 Feb 2017

161.64

-1.58%

CESC wins Bikaner power distribution franchise

Business Line

CESC Ltd, a part of the Rs 19,000-crore RP-Sanjiv Goenka Group, has received a letter of intent for appointment as a power distribution franchisee to supply electricity in Bikaner, Rajasthan. This...

Sharekhan released a Buy report for CESC Ltd. with a price target of 195.0 on 06 Aug, 2025.

CESC Ltd.

02 Feb 2017

161.64

-1.58%

CESC Ltd.

Buy: CESC Ltd.

Ashika Research

567 sq km of licensed area in Kolkata since 1897 serving 3 million consumers. This includes domestic, industrial and commercial users. Currently, on a standalone basis, CESC owns...

CESC Ltd. is trading at high day volume of 13.5M.

CESC Ltd.

31 Jan 2017

161.64

-1.58%

CESC appoints consultant to explore revamp

Business Line

RP-Sanjiv Goenka group flagship CESC Ltd has appointed a consultant to explore restructuring opportunities in the company.According to market sources, the company may club its generation and...

CESC Ltd. has an average target of 196.50 from 2 brokers.

CESC Ltd.

15 Dec 2016

161.64

-1.58%

CESC Ltd.- Result Update - 15 December 2016

Buy: CESC Ltd.

Way2Wealth

Tax expense stood at `1050 mn (+16.7% q/q;-3.7% y/y). Consequently, PAT stood at `2420 mn (+39.1% q/q; +3.9% y/y). Long term debt-equity ratio stood at ~0.6. T&D; losses remained at < ~12%. CESC got distribution franchisee in 2 cities Kota and Bharatpur (Rajasthan)....