CESC Ltd

The key equity benchmarks continued to trade with substantial gains in early afternoon trade, mirroring positive trends in global markets. Traders also witnessed bargain buying amid ongoing Middle East conflict. However, sentiment remained cautious amid concerns over the ongoing US-Iran conflict, which continues to weigh on overall risk appetite. The Nifty traded above the 23,750 mark. Auto shares witnessed buying demand for third consecutive trading session. At 11:25 IST, the barometer index, the S&P BSE Sensex jumped 670.54 points or 0.83% to 76,703.99. The Nifty 50 index climbed 191.70 points or 0.81% to 23,770.20. The broader market outperformed the frontline indices. The BSE 150 MidCap Index jumped 1.65% and the BSE 250 SmallCap Index rallied 1.72%. The market breadth was strong. On the BSE, 3,140 shares rose and 870 shares fell. A total of 187 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 4.11% to 18.98. In the commodities market, Brent crude for May 2026 settlement tumbled $2.12 or 2.05% to $101.30 a barrel. As per media reports, Iraq's Kurdistan region resumed crude oil exports via Turkey over the weekend and as OPEC+ plans another oil output hike in November, adding to global supplies. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 4.18% to 18.96. The Nifty 30 March 2026 futures were trading at 23,788, at a premium of 17.8 points as compared with the spot at 23,770.20 . The Nifty option chain for the 30 March 2026 expiry showed a maximum call OI of 41.4 lakh contracts at the 24,000 strike price. Maximum put OI of 51.2 lakh contracts was seen at the 23,000 strike price. West Asia Conflict: The Middle East war continues to escalate, keeping investors on edge. A fresh wave of attacks on the United Arab Emirates' energy infrastructure has heightened fears of prolonged supply disruptions amid the Iran war. The incidents followed a drone strike on the world's largest ultra-sour gas development, a fire at the UAE's Fujairah Oil Industry Zone, and damage to a tanker near the strategically vital Strait of Hormuz. In latest development, Iran intensified attacks against U.S. assets in the Middle East and Israel on Wednesday in apparent retaliation against the killing of the country's security chief Ali Larijani overnight, as the weeks-long conflict shows no signs of abating. Buzzing Index: The Nifty Auto index soared 2% to 25,650.15. The index surged 6.01% in the three consecutive trading sessions. Sona BLW Precision Forgings (up 5.16%), Bharat Forge (up 3.06%), Mahindra & Mahindra (up 2.84%), Tube Investments of India (up 2.59%), Exide Industries (up 2.55%), Tata Motors Passenger Vehicles (up 2.47%), Hero MotoCorp (up 2.12%), Samvardhana Motherson International (up 1.77%), Bosch (up 1.76%) and TVS Motor Company (up 1.71%) surged. Stocks in Spotlight: CESC rose 0.58%. The company said that it has awarded contracts for procurement of 600 MW of wind-solar hybrid power on a long-term basis to four domestic entities. Mankind Pharma advanced 2.07% after the company announced that it has acquired the Rivotril brand from Roche for the Indian market, with exclusive rights to manufacture, market and distribute the product across the country.Powered by Capital Market - Live

The contracts have been awarded to Purvah Green Power (Purvah), Vismaya Renewables India Project, Hexa Climate Solutions and Sprng Energy. Purvah will supply 300 MW, while the remaining three companies will supply 100 MW each, the filing said. All projects are based on wind-solar hybrid power and will operate under long-term power purchase agreements (PPAs) with a tenure of 25 years. The discovered tariffs range between Rs 3.74 per unit and Rs 3.75 per unit. Vismaya Renewables quoted the lowest tariff of Rs 3.74 per kWh, while the other three entities, including Purvah, Hexa Climate Solutions and Sprng Energy, quoted Rs 3.75 per kWh. CESC said Purvah is a subsidiary of the company, making the 300 MW contract a related party transaction. However, the company clarified that the project was awarded through a tariff-based competitive bidding process and is being undertaken on an arm's length basis and in the ordinary course of business. The other three contracts do not involve any related party transactions, the company added. The move is part of CESC's strategy to secure long-term renewable energy supply and diversify its power procurement portfolio. CESC is engaged in the generation and distribution of electricity. The company's consolidated net profit fell 32.14% to Rs 304 crore on a 23.96% drop in revenue from operations to Rs 4,005 crore in Q3 FY26 over Q2 FY26. On a year-on-year basis, the company's net profit increased 7.8%, supported by a 12.47% growth in net sales in Q3 FY26 compared with Q3 FY25. Shares of CESC rose 0.74% to Rs 157.25 on the BSE. Powered by Capital Market - Live

Purvah Green Power (Purvah), a subsidiary of CESC, has accepted the Letter of Award (LOA) issued by Solar Energy Corporation of India (SECI) for setting up of 250 MW Grid Connected Wind Power Project under Tariff-based Competitive Bidding. Powered by Capital Market - Live

Net profit of CESC rose 7.55% to Rs 285.00 crore in the quarter ended December 2025 as against Rs 265.00 crore during the previous quarter ended December 2024. Sales rose 12.47% to Rs 4005.00 crore in the quarter ended December 2025 as against Rs 3561.00 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales4005.003561.00 12 OPM %19.4517.13 - PBDT693.00667.00 4 PBT385.00362.00 6 NP285.00265.00 8 Powered by Capital Market - Live

On a year-on-year basis, the company's net profit increased 7.8%, supported by a 12.47% growth in net sales in Q3 FY26 compared with Q3 FY25. Profit before tax (PBT) increased 6.35% YoY to Rs 385 crore in Q3 FY26. Total expenses increased 7.84% to Rs 3,877 crore in Q3 FY26, compared with Rs 3,595 crore recorded in Q3 FY25. The cost of energy purchased stood at Rs 1,475 crore (up 15.78% YoY), employee benefit expenses were at Rs 391 crore (up 24.92% YoY), and finance costs stood at Rs 343 crore (up 1.18% YoY) during the period under review. CESC is engaged in the generation and distribution of electricity.Powered by Capital Market - Live

CESC will hold a meeting of the Board of Directors of the Company on 6 February 2026.Powered by Capital Market - Live

CESC Ltd gained for a third straight session today. The stock is quoting at Rs 145.38, up 1.7% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 25302.45. The Sensex is at 82334.29, down 0.01%. CESC Ltd has slipped around 11.99% in last one month. Meanwhile, Nifty Energy index of which CESC Ltd is a constituent, has slipped around 0.72% in last one month and is currently quoting at 34685.45, up 1.1% on the day. The volume in the stock stood at 17.2 lakh shares today, compared to the daily average of 19.7 lakh shares in last one month.The PE of the stock is 22.48 based on TTM earnings ending September 25.Powered by Capital Market - Live

Under the MoU, the company will set-up a 3 GW solar cell/module plant, 60 MW of solar power plant and ancillary units, research & development lab and other infrastructural facilities with an investment of around Rs 3,800 crore. 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 jumped 20.4% to Rs 425 crore on 12.1% increase in net sales to Rs 5,267 crore in Q2 FY26 over Q2 FY25. The scrip declined 1.29% to settle at Rs 145.25 on the BSE.Powered by Capital Market - Live

CESC Ltd fell for a fifth straight session today. The stock is quoting at Rs 158.8, down 0.81% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 25743.05. The Sensex is at 83591.37, down 0.04%.CESC Ltd has eased around 7.11% in last one month.Meanwhile, Nifty Energy index of which CESC Ltd is a constituent, has eased around 0.83% in last one month and is currently quoting at 34416.7, up 0.93% on the day. The volume in the stock stood at 20.56 lakh shares today, compared to the daily average of 11.57 lakh shares in last one month.The PE of the stock is 25.15 based on TTM earnings ending September 25.Powered by Capital Market - Live

The domestic contract will be executed over a 25-year period from commissioning. The agreed tariff for the power supply is Rs 4.35 per kWh. The company confirmed that neither its promoters nor group companies have any interest in REMC, and the transaction is not a related party deal. 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 jumped 20.4% to Rs 425 crore on 12.1% increase in net sales to Rs 5,267 crore in Q2 FY26 over Q2 FY25. Shares of CESC shed 0.33% to Rs 167.85 on the BSE. Powered by Capital Market - Live