SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CESC’s arm gets nod to increase stake in Noida Power Company

18 Jan 2021 Evaluate

CESC’s wholly-owned subsidiary -- Eminent Electricity Distribution (Eminent), has received approval from board of directors for acquisition of 23.18% of the equity share capital of Noida Power Company (NPCL), an Associate Company of CESC. Post this acquisition Noida Power Company will become a subsidiary of the Company. The objective of acquisition is reorient and reorganize the power distribution business of the Company. CESC’s direct and indirect holding in NPCL will be 72.73%.

CESC is engaged in power generation and distribution in state of West Bengal. The company is a fully integrated power utility with its operation spanning the entire value chain right from mining coal, generating power and distribution of power.

CESC Share Price

168.95 4.55 (2.77%)
30-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 356.75
Tata Power 385.85
Power Grid Corpn. 286.30
Adani Power 223.70
Torrent Power 1415.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: