NSE: CESC | BSE: 500084

Strong Performer, Under Radar

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163.30 -2.23 (-1.35%)

37.23% Gain from 52W Low

1.6M NSE+BSE Volume

NSE 04 Aug, 2025 1:21 PM (IST)

21,646.6

Market Cap

High in industry

1.3

Beta 1Year

Very High Volatility

CESC Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for CESC, BSE:500084 CESC Ltd.

CESC Ltd.

20 May 2016

163.30

-1.35%

CESC

Buy: CESC Ltd.

Target

ICICI Securities Limited

EBITDA increased 6% YoY to | 462 crore vs. our estimate of | 419 crore. Key reason for the same was a decline in fuel cost, which was down 52% YoY at | 152 crore (vs. I-direct estimate of | 257 crore)....

CESC Ltd.'s price crossed below 100Day SMA today

CESC Ltd.

20 May 2016

163.30

-1.35%

CESC - 4QFY16 Result Update

Accumulate: CESC Ltd.

Recommendation Target

Reliance Securities

CESC's net profit has increased by 1.6% yoy to Rs2.48bn v/s our estimate of Rs 1.9bn in 4QFY16 while the Company's revenue surged 4.4% during the quarter notwithstanding lower generation by standalone plants (down 22% yoy) on account of higher power purchased (up 77% yoy) from its subsidiary plant. As the stock price has gained by 25% in last 3 months mainly on account of signing of Power Purchase Agreement (PPA) with TN Generation & Distribution Corporation (TANGEDCO) & Noida State Electricity Board (SEB), we have revised our recommendations from BUY to ACCUMULATE with an upwardly revised Target Price of Rs620....

CESC Ltd.'s price crossed below 100Day SMA today

CESC Ltd.

18 May 2016

163.30

-1.35%

CESC Ltd. - 18 May2016

Buy: CESC Ltd.

Way2Wealth

CESC, the flagship company of the RP-Sanjiv Goenka Group, is engaged in the generation and distribution of electricity spread across 567 sq km of licensed area in Kolkata it caters to domestic, industrial and commercial users. Currently, on a standalone basis, CESC owns and operates three thermal power plants generating 1,125 MW power- Budge Budge generating station (750 MW), Southern generating station (135 MW) and Titagarh generating station (240 MW). On a consolidated basis, CESC owns a total capacity of 2325 MW. It added 1200 MW capacity (viz. 600 MW Chandrapur plant - Dhariwal Infrastructure and 600 MW Haldia project) to its standalone capacity in FY15. More than 80% of its customer's electricity...

CESC Ltd.'s price crossed below 100Day SMA today

CESC Ltd.

12 Apr 2016

163.30

-1.35%

CESC (Update): Value emerges, finally. BUY

Buy: CESC Ltd.

Target

HDFC Securities

We reinstate coverage on CESC with a BUY. Concerns about IPL (the stock has corrected ~17% since the bid) and the loss-making Spencer?s Retail are priced in, but CMP does not factor in two key developments: (1) An FSA with Coal India in Mar-16 for the Chandrapur project (supply of coal from SECL has started in Apr-16), and (2) In-principle nod by the UPERC in Jan-16 for a long-term PPA to supply 187MW power to Noida Power Company Ltd (NPCL).

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

CESC Ltd.

12 Feb 2016

163.30

-1.35%

CESC

Buy: CESC Ltd.

Target

ICICI Securities Limited

CESC Ltd.'s price crossed below 100Day SMA today

CESC Ltd.

10 Feb 2016

163.30

-1.35%

CESC - 3QFY16 Result Update

Buy: CESC Ltd.

Target

Reliance Securities

CESC reported net profit of Rs1.12bn, up 0.9% yoy (in line with our estimate of Rs1.12bn) in 3QFY16. CESC put up a good show in revenue which came in high 23.1% yoy due to greater number of units sold (up 13.9% yoy) and higher realizations (up 8.0% yoy). In the past, cancellation of captive mine, Sarisatolli coal block had impacted the CESC share price. However, at current price, the stock is trading at 0.6x FY18E BV, which in our view is attractively valued mainly on account of commissioning of plants, improvement in retail business showing positive EBITDA at the store levels and better operating...

CESC Ltd.'s price crossed below 100Day SMA today

CESC Ltd.

17 Nov 2015

163.30

-1.35%

CESC - 2QFY16 Result Update

Buy: CESC Ltd.

Reliance Securities

CESC has posted in line revenue of Rs17.7bn, up 6.7% yoy in 2QFY16, while PAT came in at Rs1.95bn, up 1.6% yoy, but marginally lower than our estimate of Rs2bn. In the last one year, the stock price of CESC lost its value by 27% mainly on account of cancellation of captive mines Sarisatolli coal block. The stock is now trading at 0.8x FY17E BV, which in our view, is attractively valued mainly on account of commissioning of plants, improvement in retail business showing positive EBITDA at the store levels and better operating performance of First Source. We upgrade our recommendation from...