CESC is currently trading at Rs. 575.10, up by 5.70 points or 1% from its previous closing of Rs. 569.40 on the BSE.
The scrip opened at Rs. 567.10 and has touched a high and low of Rs. 578.95 and Rs. 547.65 respectively. So far 21294 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 623.65 on 20-Jul-2015 and a 52 week low of Rs. 404.75 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 592.15 and Rs. 567.30 respectively. The current market cap of the company is Rs. 7633.30 crore.
The promoters holding in the company stood at 49.93%, while Institutions and Non-Institutions held 41.65% and 8.42% respectively.
CESC has signed a franchisee agreement with the Rajasthan government utility Jaipur Vidyut Vitaran Nigam for power distribution in Kota and Bharatpur. The company will begin power supply in two cities from August 2016. Further, the company will pump in Rs 150 crore in the first year for both operations. It is expected to serve nearly 2.3 lakh consumers, about half of which comprise industrial or commercial consumers spread over 200 sq km.
CESC is engaged in power generation and distribution in state of West Bengal. CESC is a fully integrated power utility with its operation spanning the entire value chain: right from mining coal, generating power, distribution of power.
