Buy CESC, target Rs 1,020: Manas Jaiswal

Buy CESC Ltd. at a price target of Rs 1020.0 and a stop loss at Rs 965 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on CESC with a target price of Rs 1,020.

The current market price of CESC is Rs 983.25.

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

Manas Jaiswal recommended to keep a stop loss at Rs 965.

CESC, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 13,033.67 Crore) operating in Power sector.

The company’s top management includes Mr.Aniruddha Basu, Mr.Brij Mohan Kaitan, Mr.Chandra Kumar Dhanuka, Mr.Kalaikuruchi Jairaj, Mr.Pradip Kumar Kaitan, Mr.Pratip Chaudhuri, Mr.Sanjiv Goenka, Ms.Rekha Sethi.
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Company has LoveLock & Lewes as its auditors.

As on 31-12-2017, the company has a total of 132,557,043 shares outstanding.
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