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Buy CESC, target Rs 1095.0 : Manas Jaiswal

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Manas Jaiswal of manasjaiswal.com has a buy call on CESC Ltd. with a target price of Rs 1095. The current market price of CESC Ltd. is Rs 1063.25. Time period given by the analyst is Intra Day when CESC Ltd. price can reach defined target. Manas Jaiswal recommended to keep the stop loss at Rs 1047. CESC Ltd., incorporated in is a large-cap company with a market cap of Rs 14094.13 crore.

CESC Ltd. key Products/Revenue Segments include Electricity which contributed Rs 6979.69 Crore to Sales Value (96.67 % of Total Sales) and Other Operating Revenue which contributed Rs 240.38 Crore to Sales Value (3.32 % of Total Sales)for the year ending 31-Mar-2017.

The companys top management includes Mr.Aniruddha Basu, Mr.Brij Mohan Kaitan, Mr.Chandra Kumar Dhanuka, Mr.Kalaikuruchi Jairaj, Mr.Pradip Kumar Kaitan, Mr.Pratip Chaudhuri, Mr.Sanjiv Goenka, Ms.Rekha Sethi. Company has LoveLock & Lewes as its auditoRs As on 31-03-2018, the company has a total of 132,557,043 shares outstanding.

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