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HomeSHARE MARKETShare Price Only ₹134; Bumper Return 4600%; Agreement For 1500 MW Wind...

Share Price Only ₹134; Bumper Return 4600%; Agreement For 1500 MW Wind Energy

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On Friday, BSE Sensex was up by 167 points and was working at the level of 71,595.49 points, while Nifty was up 65 points and was working at the level of 21,782.50 points.

CESC Limited(NSE: CESC) shares registered a three percent down during the trading session in the stock market. It had reached the level of Rs 134.

CESC Limited shares, an RP Sanjiv Goenka Group Company with a market capitalization of Rs 17,862 crores, reached a 52-week high of Rs 150, while their 52-week low was Rs 62.

There has been weakness in the shares of CESC Limited for the last few days but in one month this share has given a return of three percent. 

CESC Limited shares returned 80 percent to investors in the past six months from a low of Rs 78.

In March 2023, CESC Limited shares were trading at Rs 63. Since then, investors have seen their capital increase by over 100 percent.

The shares of CESC Limited had seen a low of Rs 39 on March 27, 2020, during the Corona crisis, from which till now the investors’ capital has increased by 300 percent.

CESC Limited shares were worth Rs 3 on January 1, 1999. Since then, investors have enjoyed a 4600 percent return.

CESC has signed a framework agreement for 150 MW wind capacity. This company is India’s very first integrated electric utility company. 

Since 1899, the company has been in the electricity distribution and generation business in Kolkata and Howrah.

CESC company has three thermal power plants and its own transmission and distribution system. The company provides electricity to domestic, industrial, and commercial users.

CESC generates electricity using renewable energy sources. The company is also involved in Gujarat Solar, Hydro Power Ventures, and Wind Power Operations. 

CESC Limited has recently signed an agreement with Inox Wind for 1500 MW wind power capacity.

Under this agreement, 1500 MW wind power generators will be installed in the next three to four years. 

The company is taking big steps in the field of renewable energy. This is a major reason for the rise in shares of CESC Limited even in times of weakness in the stock market.

About CESC Company

CESC Ltd (CESC) is an integrated utility company that generates electric power, then distributes, and transmits it to the public.

The company produces electricity from different sources of energy like solar, wind, thermal and renewable sources. It operates and owns the distribution and transmission system, which distributes electricity to customers.

It caters to commercial, domestic industrial, residential, and other customers (which include government agencies and local bodies, pumping stations along with educational institutes).

The company can supply the majority of the customers’ electricity needs by generating electricity at its facilities and the rest is bought from third-party suppliers.

CESC is the primary company of the RP-Sanjiv Group. CESC is located in Kolkata, West Bengal, India.

Fundamental Analysis of CESC

Market Cap₹ 17,862 Cr.
Current Price₹ 135
52-wk High₹ 150
52-wk Low₹ 62.1
Stock P/E12.7
Book Value₹ 86.8
Dividend3.24 %
ROCE11.4 %
ROE12.2 %
Face Value₹ 1.00
P/B Value1.60
OPM14.8 %
EPS₹ 10.6
Debt₹ 13,997 Cr.
Debt to Equity1.22

CESC Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹135₹162
2025₹165₹178
2026₹180₹198
2027₹205₹234
2028₹250₹289
2029₹300₹343
2030₹350₹376
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CESC Shareholding Pattern

Promoters Holding
Dec 202252.11%
Mar 202352.11%
June 202352.11%
Sept 202352.11%
Dec 202352.11%
FII Holding
Dec 202212.71%
Mar 202312.18%
June 202312.20%
Sept 202313.14%
Dec 202311.95%
DII Holding
Dec 202222.00%
Mar 202321.75%
June 202321.04%
Sept 202320.06%
Dec 202321.44%
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Govt. Holding
Dec 20220.01%
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
Public Holding
Dec 202213.15%
Mar 202313.92%
June 202314.63%
Sept 202314.68%
Dec 202314.49%

CESC Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 10,664 Cr
2020₹ 12,159 Cr
2021₹ 11,632 Cr
2022₹ 12,544 Cr
2023₹ 15,008 Cr
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Last 5 Years’ Net Profit:

2019₹ 1,198 Cr
2020₹ 1,309 Cr
2021₹ 1,363 Cr
2022₹ 1,404 Cr
2023₹ 1,477 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.57
20201.43
20211.46
20221.6
20231.47

Last 10 Years’ Profit Growth:

10 Years:12%
5 Years:7%
3 Years:2%
Current Year:6%

Last 10 years’ Return on Equity (ROE):

10 Years:11%
5 Years:13%
3 Years:13%
Current Year:12%

Sales Growth Over 10 Years:

10 Years:7%
5 Years:7%
3 Years:5%
Current Year:6%

Conclusion

This article is a complete guide about CESC Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Also Read: Govt Share Giving 2529 Cr Dividend; First Time 7.20 Lakh Cr Market Cap Crossed

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