Cesc LtdNSE: CESC

India's CESC gains on quarterly profit rise

· Issued by Cesc Ltd

** Shares of CESC NSE:CESC rise 2.3% to 174.3 rupees

** Power supplier posts 20% y/y rise in September-quarter consol net profit; rev from ops rises 12% y/y

** CESC rated "strong buy" by 11 analysts on average; median target price is 204 rupees – data compiled by LSEG

** Stock down 6.2% YTD