We retain Buy on CESC with an revised PT of Rs. 195 on a SOTP basis. Renewable energy capex is going to drive the growth and turnaround of the distribution business would further aid the earnings.

BENGALURU, Jan 10 (Reuters) - India's CESC (CESC.NS), opens new tab, a power generation and distribution company, reported a fall in third-quarter profit on Friday, due to higher tax expenses and ...

CESC raised its tariff partially in the September quarter (Q2), helping it clock 10% revenue growth in Q3 even as regulatory income fell sharply. The company’s electricity generation business ...

CESC's principal business is generation and distribution of electricity. Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as ...

BENGALURU (Reuters) - India's CESC, a power generation and distribution company, reported a fall in third-quarter profit on Friday, due to higher tax expenses and lower regulatory income.