Powered by: Motilal Oswal
08-12-2021 09:50 AM | Source: Accord Fintech
CESC inches up on reporting 34% jump in Q1 consolidated net profit
News By Tags | #300 #657 #1302 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

CESC is currently trading at Rs. 759.00, up by 2.55 points or 0.34% from its previous closing of Rs. 756.45 on the BSE.

The scrip opened at Rs. 759.90 and has touched a high and low of Rs. 780.00 and Rs. 756.60 respectively. So far 5781 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 871.00 on 14-Jul-2021 and a 52 week low of Rs. 553.10 on 22-Dec-2020.

Last one week high and low of the scrip stood at Rs. 787.75 and Rs. 726.25 respectively. The current market cap of the company is Rs. 10027.28 crore.

The promoters holding in the company stood at 49.92%, while Institutions and Non-Institutions held 36.95% and 13.12% respectively.

CESC has reported 2.99% rise in its net profit at Rs 138 crore for the quarter ended June 30, 2021 as compared to net profit of Rs 134 crore for the same quarter in the previous year. Total income of the company reported 20.14% jump at Rs 1945 crore for Q1FY22 as compared to Rs 1619 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 34.16% jump in its net profit attributed to the owners at Rs 271 crore for the quarter under review as compared to net profit of Rs 202 crore for the same quarter in the previous year. Total income of the company reported 21.79% jump at Rs 3242 crore for Q1FY22 as compared to Rs 2662 crore for the corresponding quarter previous year.