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CESC Ltd is up for a third straight session in a row. The stock is quoting at Rs 166.85, up 1.23% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.21% on the day, quoting at 24345.3. The Sensex is at 77851.93, down 0.29%. CESC Ltd has risen around 2.02% in last one month.
Meanwhile, Nifty Energy index of which CESC Ltd is a constituent, has risen around 2.11% in last one month and is currently quoting at 38690.25, down 0.36% on the day. The volume in the stock stood at 40.81 lakh shares today, compared to the daily average of 10.66 lakh shares in last one month.
The PE of the stock is 25.63 based on TTM earnings ending March 26.
Purvah Green Power, the renewable energy platform of CESC, is set to acquire a 1.4 GWp operating solar portfolio from Renew Solar Power, held across six project special purpose vehicles in Rajasthan and Karnataka, at an enterprise value of Rs 4859 crore (USD 509 million at Rs 95.5/USD). The acquisition has been funded by the parent company.
The transaction is among the largest acquisitions of operating solar assets in the Indian market and marks a decisive shift in the composition of Purvah's portfolio – from a platform built primarily on projects under development to one anchored by assets already generating contracted cash flows.
The acquired assets are operating projects with an established generation track record. More than 90% of the capacity is contracted with the Solar Energy Corporation of India (SECI) under long-term power purchase agreements, with the balance contracted with Karnataka distribution companies. All PPAs are over a 25-year tenure.
Purvah's contracted capacity stood at approximately 3.4 GWp prior to the transaction. Following completion, total contracted capacity rises to 4.8GWp, of which 1.8 GWp is operational and 3 GWp is tied-up, at various stages of construction. Additionally, 2.2 Gwh battery capacity is also tied-up and under implementation. The acquisition substantially increases the proportion of the portfolio that is already generating revenue and strengthening recurring cash flows well ahead of the commissioning schedule for the under-construction pipeline.
CESC Ltd fell for a fifth straight session today. The stock is quoting at Rs 163.1, down 0.42% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.71% on the day, quoting at 24052.3. The Sensex is at 77018.87, up 0.67%.CESC Ltd has eased around 3.03% in last one month.Meanwhile, Nifty Energy index of which CESC Ltd is a constituent, has increased around 0.04% in last one month and is currently quoting at 38695.65, up 0.69% on the day. The volume in the stock stood at 6.89 lakh shares today, compared to the daily average of 13.63 lakh shares in last one month.
The PE of the stock is 25.49 based on TTM earnings ending March 26.
CESC Ltd is up for a third straight session today. The stock is quoting at Rs 172.23, up 1.91% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 23934.35. The Sensex is at 76624.33, up 0.47%. CESC Ltd has slipped around 2.36% in last one month.
Meanwhile, Nifty Energy index of which CESC Ltd is a constituent, has slipped around 0.54% in last one month and is currently quoting at 39493.95, up 0.6% on the day. The volume in the stock stood at 9.22 lakh shares today, compared to the daily average of 24.25 lakh shares in last one month.
The PE of the stock is 26.28 based on TTM earnings ending March 26.
For the full year,net profit rose 12.64% to Rs 1542.00 crore in the year ended March 2026 as against Rs 1369.00 crore during the previous year ended March 2025. Sales rose 9.23% to Rs 18570.00 crore in the year ended March 2026 as against Rs 17001.00 crore during the previous year ended March 2025.