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Company updateMoneycontrol

ICICI Securities raises CESC target to Rs 176

Positive+14

GreyOak summary

ICICI Securities maintains a BUY rating on CESC, revising the target price to INR 176 from INR 220. The company reported quarterly revenue of INR 57.6bn and adj. PAT of INR 4.4bn. CESC is expanding its renewable energy portfolio through acquisitions and new bids.

What it affects

  • CESCPositive +14

    Rolling sentiment Negative -15

Source

Read the original at Moneycontrol

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