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

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CESC Ltd.

18 Feb 2023

176.45

2.74%

Buy CESC; target of Rs 95: Sharekhan

Moneycontrol

Sharekhan is bullish on CESC has recommended buy rating on the stock with a target price of Rs 95 in its research report dated February 17, 2023.

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

CESC Ltd.

15 Feb 2023

176.45

2.74%

Steady quarter

Buy: CESC Ltd.

ICICI Securities Limited

CESC’s reported consolidated revenues for Q3FY23 were up 11.3% YoY to Rs34.6bn, while EBITDA was flat YoY at Rs8.3bn and PAT down 3% YoY at Rs3.2bn. Key factors impacting consolidated profit during Q3FY23 included: 1) 104% YoY increase in Noida Power profit at Rs550mn on higher power demand and incentives; 2) steady performance of the Kolkata distribution business;

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

CESC Ltd.

15 Feb 2023

176.45

2.74%

CESC (BUY): Stable performance; DF circles disappoint

Buy: CESC Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Stable Q3 with 4% YoY revenue growth to Rs 19bn and flattish net profit at Rs 1.9bn

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

CESC Ltd.

14 Feb 2023

176.45

2.74%

CESC profit rises marginally to 186 crore Q3

Business Line

The company's board declares an interim dividend of 4.50 per equity share

CESC Ltd. is trading at high day volume of 8.7M.

CESC Ltd.

01 Jan 2023, 04:26PM

176.45

2.74%

Indian Bank unveils QR bill-based payment system for CESC-Mysuru

Business Standard

Public sector Indian Bank on Sunday said it has unveiled QR code bill payment system for Chamundeshwari Electricity Supply Corporation Ltd (CESC) making it as the first power distribution company to offer such an initiative to customers in Mysuru. By using the dynamic QR code linked to the unified payments interface (UPI) on printed electricity bill, customers would be able to make their payments without visiting any online portal or physically going to any payment centre. Instant acknowledgement is issued and the QR code is disabled once the transaction is completed, the Chennai-headquartered bank said in a statement here. Karnataka Minister of Energy V Sunil Kumar formally unveiled the QR code solution in the presence of senior government officials including CESC managing director Jayavibhava Swamy. The CESC is in the process of introducing a new type of bill generation and payment system in coordination with Indian Bank besides a facility to make RTGS-NEFT payments for bulk...

CESC Ltd. is trading at high day volume of 8.7M.

CESC Ltd.

28 Nov 2022

176.45

2.74%

Buy CESC; target of Rs 101: Emkay Global Financial

Moneycontrol

Emkay Global Financial is bullish on CESC has recommended buy rating on the stock with a target price of Rs 101 in its research report dated November 15, 2022.

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

CESC Ltd.

28 Nov 2022

176.45

2.74%

CESC

Buy: CESC Ltd.

Target

Emkay

CESC Ltd. is trading at high day volume of 8.7M.

CESC Ltd.

19 Nov 2022

176.45

2.74%

CESC gets patent for technology innovation in bottom ash usage

Business Line

The bottom ash usage against existing alternatives to natural sand will enable thermal power plants to reduce carbon-footprint

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

CESC Ltd.

15 Nov 2022

176.45

2.74%

CESC board approves raising Rs 300 crore via NCDs

Moneycontrol

"Committee of the Board at its meeting held today... approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs having a face value of Rs 10 lakh each for cash at par aggregating to Rs 300 crore, on a private placement basis," a BSE filing stated.