INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has buy call on CESC with a target price of Rs 730
The current market price of CESC is Rs 719.95
Time period given by analyst is Intra Day when CESC price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 710
CESC, incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 9543.44 crore) operating in power sector
CESC key Products/Revenue Segments include Electricity which contributed Rs 7595.12 crore to Sales Value (97.55 per cent of Total Sales)
and Other Operating Revenue which contributed Rs 190.72 crore to Sales Value (2.44 per cent of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 2220 crore, up 2.83 per cent from last quarter Sales of
Rs 2159.00 crore and up 6.32 per cent from last year same quarter Sales of Rs 2088.00 crore Company has reported net profit after tax of Rs
271.00 crore in latest quarter
Mr.Pratip Chaudhuri, Mr.Rabi Chowdhury, Mr.Sanjiv Goenka, Ms.Rekha Sethi.
