CESC Ltd. News and Updates

Name: Latest research reports of CESC Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: CESC Ltd.
Rating: 5
Author: Motilal Oswal

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CESC Ltd.

14 Jul 2021

173.99

0.51%

CESC's catch-up trade takes the stock to a new 52-week high

livemint

For the financial year 2021, CESC continued its focus on various cost optimization measures to minimize the impact of loss of sales volume during the year because of the covid-19 pandemic

CESC Ltd. is trading above its 200 day SMA of 165.2

CESC Ltd.

21 Jun 2021

173.99

0.51%

Buy CESC: target of Rs 905: Sharekhan

Moneycontrol

Sharekhan is bullish on CESC has recommended buy rating on the stock with a target price of Rs 905 in its research report dated June 16, 2021.

CESC Ltd. is trading below its 30 day SMA of 174.5

CESC Ltd.

18 Jun 2021

173.99

0.51%

Why CESC trades at a discount to Torrent Power

Moneycontrol

CESC is trading at 7.5 times the current fiscal year earnings estimates, sharply lower than Torrent Power's 16 times

CESC Ltd. is trading below its 30 day SMA of 174.5

CESC Jumps Over 1% On Rise In March Quarter Net Profit

NDTV Profit | 17 Jun 2021 6 more

CESC Ltd.

17 Jun 2021

173.99

0.51%

Modest recovery in the standalone business

Buy: CESC Ltd.

Target

Motilal Oswal

Dhariwal turns profitable, performance of DFs to improve CESC's 4QFY21 result highlights a modest recovery in the standalone business. Volumes in the standalone entity improved, but grew just 6% YoY on a low base. Standalone PAT rose 8% YoY, while consolidated PAT fell 4%, led by lower profit at Dhariwal and Crescent and Surya. Dhariwal has turned profitable, and DFs are showing signs of improvement. CESC's integrated business in Kolkata generates a high RoE and strong cash flows. We factor in tightening of norms at Haldia and for the standalone...

CESC Ltd. is trading below its 30 day SMA of 174.5

CESC Ltd.

12 Mar 2021

173.99

0.51%

Goenka Group's CESC looks to tweak the company's AoA

Business Line

Alteration will increase number of directors to 15

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

CESC Ltd.

14 Jan 2021

173.99

0.51%

CESC Q3 net profit up 25% to Rs 328 crore, firm announces record interim dividend

Moneycontrol

The Kolkata-based power utility's fuel and interest costs lowered during the reporting period, while the cost for electricity increased.

CESC Ltd. is trading below its 30 day SMA of 174.5

Hold CESC; target of Rs 727: ICICI Direct

Moneycontrol | 14 Jan 2021 1 more

CESC Ltd.

14 Jan 2021

173.99

0.51%

CESC

Hold: CESC Ltd.

Target

ICICI Securities Limited

Energy sold in Q3FY21, in the standalone business, grew 1.8% to 215.7 crore units vs. our estimate of 221.7 crore units while realisation was at | 7.69/kWHR vs. our expectation of 7.8 kWHR. Total generation was down 1.2% YoY at 120.9 crore units. PLF of the Budge Budge and southern plants for Q3FY21 was at 71% (69% in Q3FY20) and 13% (26% in Q3FY20), respectively. Revenues came in at | 1659 crore vs. our estimate of | 1729.3 crore, mainly on account of lesser-than-expected energy sold. On a consolidated basis, revenues came in at | 2539 crore, up 8.3%, which was...

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

CESC Ltd.

13 Jan 2021

173.99

0.51%

CESC Standalone December 2020 Net Sales at Rs 16.59 crore, down 98.99% Y-o-Y

Moneycontrol

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CESC Ltd. is trading above its 200 day SMA of 165.2

CESC Consolidated December 2020 Net Sales at Rs 2,539.00 crore, up 8.32% Y-o-Y

Moneycontrol | 13 Jan 2021 1 more

CESC Ltd.

13 Jan 2021

173.99

0.51%

Dhariwal, DF performances continue to improve

Buy: CESC Ltd.

Target

Motilal Oswal

CESC's 3Q results highlight volume recovery in the S/A business. Volumes in S/A were just 1% YoY lower (v/s 1H: -21% YoY). S/A PAT was up 3% YoY. Consol. PAT, on the other hand, grew 21% YoY, partly led by profit at Dhariwal and improved performance at Crescent & Surya. Performances at Dhariwal and distribution franchises (DFs) would continue to improve. Furthermore, the co. has declared an interim dividend of INR45/sh, highlighting the co.'s willingness to return excess cash. Despite factoring in the tightening of norms at Haldia and S/A, the stock trades...