Dr CK Narayan of Chart Advise has buy call on CESC with a target price of Rs 730.

The current market price of CESC is Rs 719.95.

Time period given by analyst is Intra Day when CESC price can reach defined target.

Dr CK Narayan recommended to keep stoploss at Rs 710.

CESC, incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 9543.44 crore) operating in power sector.

CESC key Products/Revenue Segments include Electricity which contributed Rs 7595.12 crore to Sales Value (97.55 per cent of Total Sales) and Other Operating Revenue which contributed Rs 190.72 crore to Sales Value (2.44 per cent of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 2220 crore, up 2.83 per cent from last quarter Sales of Rs 2159.00 crore and up 6.32 per cent from last year same quarter Sales of Rs 2088.00 crore Company has reported net profit after tax of Rs 271.00 crore in latest quarter.

The company’s top management includes Mr.Chandra Kumar Dhanuka, Mr.Debasish Banerjee, Mr.Kalaikuruchi Jairaj, Mr.Pradip Kumar Kaitan, Mr.Pratip Chaudhuri, Mr.Rabi Chowdhury, Mr.Sanjiv Goenka, Ms.Rekha Sethi.