CESC Ltd (Calcutta Electric Supply Corporation) is a well-established Indian power company that generates, transmits, and distributes electricity. It primarily operates in Kolkata and surrounding areas, serving millions of customers. The company has a strong legacy of over 100 years and is known for its reliable power supply. CESC Share Price on NSE as of 3 October 2024 is 193.00 INR. Here will provide you more details on CESC Share Price Target 2024, 2025, 2026 to 2030.
CESC Ltd: Market Overview
- Open Price: ₹196.00
- High Price: ₹198.59
- Low Price: ₹191.70
- Previous Close: ₹200.97
- Volume: 4,451,061
- Value (Lacs): ₹8,611.02
- VWAP: 194.55
- UC Limit: ₹241.16
- LC Limit: ₹160.77
- P/E ratio: 18.18
- Div yield: N/A
- 52-wk high: ₹212.49
- 52-wk low: ₹82.30
- Mkt cap: ₹25.68KCr
- Face Value: ₹1
CESC Share Price Chart
CESC Share Price Target Tomorrow 2024 To 2030
CESC Share Price Target Years | SHARE PRICE TARGETÂ |
CESC Share Price Target 2024 | ₹250Ìý |
CESC Share Price Target 2025 | ₹275Ìý |
CESC Share Price Target 2026 | ₹307Ìý |
CESC Share Price Target 2027 | ₹355 |
CESC Share Price Target 2028 | ₹406Ìý |
CESC Share Price Target 2029 | ₹460 |
CESC Share Price Target 2030 | ₹530Ìý |
CESC Share Price Target 2024
CESC share price target 2024 Expected target could be ₹250. Here are 3 key factors that could affect CESC Ltd’s share price target growth in 2024:
- Regulatory Changes in Power Tariffs: Any adjustments to electricity tariffs set by regulatory authorities could impact CESC’s revenue and profit margins, influencing its share price.
- Expansion in Renewable Energy: Growth in CESC’s renewable energy projects or new investments in sustainable power sources may boost investor confidence and support share price growth.
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Operational Performance: The company’s ability to maintain stable and efficient operations, along with low transmission and distribution losses, will play a significant role in driving its stock performance.
CESC Share Price Target 2025
CESC share price target 2025 Expected target could be ₹275. Here are 3 key factors that could affect CESC Ltd’s share price target growth in 2025:
- Infrastructure Development and Expansion: If CESC continues to expand its power distribution network and invests in modernizing its infrastructure, it could positively influence its revenue and boost share price growth.
- Government Policies and Energy Regulations: Changes in government policies related to the power sector, including subsidies, tariffs, or renewable energy mandates, could significantly impact CESC’s growth prospects and stock performance.
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Financial Health and Profit Margins: Strong financial performance, consistent profit growth, and efficient cost management will be crucial in sustaining investor confidence, which could drive share price appreciation.
CESC Share Price Target 2030
CESC share price target 2030 Expected target could be ₹530. Here are 3 key factors that could affect CESC Ltd’s share price target growth by 2030:
- Transition to Renewable Energy: With the global shift towards clean energy, CESC’s ability to integrate renewable energy sources into its power generation portfolio will be crucial for long-term growth. Investments in solar, wind, or other sustainable technologies can enhance its market position and drive share price growth.
- Technological Innovations and Smart Grids: Adopting advanced technologies like smart grids, energy storage solutions, and AI-based power management can boost operational efficiency, reduce energy losses, and improve profitability, positively impacting the share price.
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Urbanization and Energy Demand: With India’s urban population expected to grow, the rising demand for electricity will present significant growth opportunities for CESC. Meeting this increased demand efficiently and competitively will be key to sustaining share price growth over the decade.
CESC Ltd Shareholding Pattern
- Promoters:Ìý52.11%
- Mutual Funds:Ìý17.17%
- Foreign Institutions:Ìý13.56%
- Retail and Others:Ìý11.70%
- Other Domestic Institutions:Ìý5.47%
CESC Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 152.93B | 7.35% |
Operating expense | 40.50B | 16.33% |
Net income | 13.76B | 2.50% |
Net profit margin | 9.00 | -4.56% |
Earnings per share | 5.85 | -42.25% |
EBITDA | 22.10B | 0.10% |
Effective tax rate | 14.01% | — |
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