Yes definitely, it was a very balanced budget with growth as the north star. Long-term infrastructure creation, focus on human capital development, and ensuring a GDP multiplier effect from agri-sector spend and tax rate cuts remained in focus.

Net Sales are expected to increase by 3.3 percent Y-o-Y (down 24.1 percent Q-o-Q) to Rs. 1,717.2 crore, according to HDFC Securities.

CESC, incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 9902.01 Crore) operating in Power sector.

Promoters held 52.11 per cent stake in the company as of 30-Jun-2022, while FIIs owned 13.93 per cent, DIIs 21.34 per cent.

CESC, incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 10114.10 Crore) operating in Power sector.

Emkay Global Financial is bullish on CESC has recommended buy rating on the stock with a target price of Rs 101 in its research report dated November 15, 2022.

Power utility CESC on Tuesday said its board has approved a proposal to raise Rs 300 crore through issuance of non-convertible debentures (NCDs). "Committee of the Board at its meeting held today... approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs having a face value of Rs 10 lakh each for cash at par aggregating to Rs 300 crore, on a private placement basis," a BSE filing stated.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 10074.34 Crore) operating in Power sector.

3 Power sector stocks that can impress you in Q2 earnings season

The proposed legislation is meant to plug the gaps left open and discovered post- the Electricity Act of 2003. 

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 10259.92 Crore) operating in Power sector.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 4293 crore, up 25.53 per cent from last quarter total income of Rs 3420 crore and up 28.42 per cent from last year same quarter total income of Rs 3343 crore.

Emkay Global Financial is bullish on CESC has recommended buy rating on the stock with a target price of Rs 108 in its research report dated September 26, 2022.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 10346.08 Crore) operating in Power sector.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 11353.51 Crore) operating in Power sector.

Renewable energy is one of the strongest growth vectors in power and proliferation of electric vehicles in India also presents a huge opportunity

Sharekhan is bullish on CESC has recommended buy rating on the stock with a target price of Rs 95 in its research report dated August 11, 2022.

Subsequently, CIL awarded the contract for supply of 7.91 lakh tonnes of imported coal to PT Bara Daya Energy Ltd (consortium) to power generation companies (gencos) during August and September. The gencos that had expressed willingness to buy imported coal included CESC, Adhunik Power, Rattan India, Sai Wardha and Avantha Power & Infrastructure Ltd.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 10657.59 Crore) operating in Power sector.

CIL has cancelled its maiden tender for short-term import of coal in which Adani Enterprises had emerged as the lowest bidder.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 9703.18 Crore) operating in Power sector.

"Unfortunately, while this forms a part of each power supply contract, we still see reluctance of state governments and regulators to give their assent in a timely manner. "This, in turn, negatively affects the financial results of power producers. I hope we will see considerably less of this reluctance in the years to come," he said in CESC's annual report for 2021-22.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 9265.74 Crore) operating in Power sector.

Sharekhan is bullish on CESC has recommended buy rating on the stock with a target price of Rs 95 in its research report dated May 16, 2022.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 10339.45 Crore) operating in Power sector.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 12268.15 Crore) operating in Power sector.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 12314.55 Crore) operating in Power sector.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 12069.32 Crore) operating in Power sector.

CESC Ltd. key Products/Revenue Segments include Electricity and Other Operating Revenue for the year ending 31-Mar-2021.

The Bank Nifty remained under pressure, sustenance below prior weeks high stalled intraday rally. Immediate hurdle remains near 35,400, and sustenance below for the same is expected to attract further underperformance.