Cesc LtdNSE: CESC

India's CESC rises on power purchase deal with Tata Power

· Issued by Cesc Ltd

** Shares of CESC NSE:CESC rise as much as 3% to 161.88 rupees

** CESC says gets approval for power purchase deal with Tata Power NSE:TATAPOWER for 75 MW power on medium-term basis

** Financial details not disclosed

** Avg rating of 10 analysts on CESC is the equivalent of "buy", median PT is 207.50 rupees - data compiled by LSEG

** Stock last up ~2%, cutting YTD loss to about ~14%