CESC Ltd

CESC has allotted 25,000 Secured, Unlisted, Redeemable, Rated Non-Convertible Debentures having face value of Rs.1,00,000/- each aggregating to Rs 250 crore on a private placement basis on 11 April 2025. Powered by Capital Market - Live

CESC Ltd is up for a third straight session in a row. The stock is quoting at Rs 140.12, up 2.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73869.34, up 1.2%. CESC Ltd has risen around 1.43% in last one month. Meanwhile, Nifty Energy index of which CESC Ltd is a constituent, has risen around 5.96% in last one month and is currently quoting at 30239.15, up 2.81% on the day. The volume in the stock stood at 34.24 lakh shares today, compared to the daily average of 54.08 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 140.59, up 1.87% on the day. CESC Ltd is up 11.03% in last one year as compared to a 0.46% drop in NIFTY and a 23.15% drop in the Nifty Energy index.The PE of the stock is 23.14 based on TTM earnings ending December 24.Powered by Capital Market - Live

CESC Ltd rose for a third straight session today. The stock is quoting at Rs 133.04, up 4.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 22940.75. The Sensex is at 76034.18, up 0.09%. CESC Ltd has dropped around 13.31% in last one month. Meanwhile, Nifty Energy index of which CESC Ltd is a constituent, has dropped around 11.12% in last one month and is currently quoting at 30849.05, up 0.75% on the day. The volume in the stock stood at 49.14 lakh shares today, compared to the daily average of 57.45 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 132.48, up 3.45% on the day. CESC Ltd is up 1.95% in last one year as compared to a 3.35% gain in NIFTY and a 22.21% gain in the Nifty Energy index.The PE of the stock is 21.51 based on TTM earnings ending December 24.Powered by Capital Market - Live

CESC Ltd is down for a fifth straight session today. The stock is quoting at Rs 128.5, down 0.4% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 23104.35. The Sensex is at 76395.31, up 0.13%.CESC Ltd has lost around 15.47% in last one month.Meanwhile, Nifty Energy index of which CESC Ltd is a constituent, has eased around 3.87% in last one month and is currently quoting at 31436.75, down 0.25% on the day. The volume in the stock stood at 67.22 lakh shares today, compared to the daily average of 65.78 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 129.2, down 0.32% on the day. CESC Ltd jumped 3.88% in last one year as compared to a 6.26% rally in NIFTY and a 18.32% fall in the Nifty Energy index.The PE of the stock is 21.72 based on TTM earnings ending December 24.Powered by Capital Market - Live

However, revenue from operations rose 9.77% year on year (YoY) to Rs 3,561 crore in the quarter ended 31 December 2024. Profit before tax in the December 2024 quarter stood at Rs 362 crore, down by 0.55% YoY. Total expenses rose 2.8% to Rs 3595 crore in Q3 FY25 over Q3 FY24. Cost of energy purchased stood at Rs 1,274 crore (up 4.94% YoY), employee benefits expense was Rs 1,274 crore (up 3.3% YoY) Finance costs stood at Rs 339 crore (up 14.53% YoY). On a nine-month basis, the company's consolidated net profit increased 2.05% to Rs 996 crore on a 10.23% rise in revenue from operations to Rs 13,124 crore in 9M FY25 over 9M FY24. Meanwhile, the company declared an interim dividend of Rs 4.50 per equity share and record date for the same is fixed as 16 January 2025. CESC is a fully-integrated electrical utility company. The company's other business segments include power, organized retailing, property development and business process outsourcing. Powered by Capital Market - Live

CESC announced that the Board of Directors of the Company at its meeting held on 10 January 2025, inter alia, have recommended the interim dividend of Rs 4.5 per equity Share (i.e. 450%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of CESC declined 5.69% to Rs 265.00 crore in the quarter ended December 2024 as against Rs 281.00 crore during the previous quarter ended December 2023. Sales rose 9.77% to Rs 3561.00 crore in the quarter ended December 2024 as against Rs 3244.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3561.003244.00 10 OPM %17.1310.67 - PBDT667.00667.00 0 PBT362.00364.00 -1 NP265.00281.00 -6 Powered by Capital Market - Live

The LoA has been issued, following the response submitted by Purvah on the request for selection document issued by CESC in terms of the 'guidelines for tariff-based competitive bidding process for procurement of power from grid-connected wind SOLAR hybrid power project' dated 21 August 2023, issued by the Ministry of Power, Government of India, and amended from time to time, for setting up a wind-solar hybrid power project of 150 MW with additional 150 MW capacity under the greenshoe option. The power purchase agreement to be signed will remain valid for 25 years from the scheduled commencement of supply. CESC is a fully integrated electrical utility company. The company's other business segments include power, organized retailing, property development, and business process outsourcing. The company's consolidated net profit increased 1.40% to Rs 353 crore in Q2 FY25 as compared with Rs 348 crore recorded in Q2 FY24. Net sales rose 8% YoY to Rs 4700 crore in Q2 FY25. Shares of CESC fell 2.48% to Rs 174.90 on the BSE.Powered by Capital Market - Live

CESC has issued the Letter of Award to Purvah Green Power (Purvah), a subsidiary of CESC, pursuant to the response submitted by Purvah on the Request for Selection document issued by CESC in terms of the 'Guidelines for tariff Based Competitive Bidding Process for procurement of Power from Grid Connected Wind Solar Hybrid Power Project' dated 21 August 2023 issued by Ministry of Power, Government of India and amended from time to time, for setting up of Wind-Solar Hybrid Power Project of 150 MW with additional 150 MW capacity under Greenshoe option. Powered by Capital Market - Live

CESC will hold a meeting of the Board of Directors of the Company on 10 January 2025.Powered by Capital Market - Live