Buy CESC, target Rs 1,085: Jay Thakkar

Buy CESC at a price target of Rs 1,085 and a stop loss at Rs 1,015 from entry point.

Jay Thakkar of Anand Rathi has a buy call on CESC with a target price of Rs 1,085.

The current market price of CESC is Rs 1,033.70.

Time period given by the analyst is intraday when CESC price can reach defined target.

Jay Thakkar recommended to keep stoploss at Rs 1,015.

CESC, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 13,702.42 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 30-09-2017, the company has a total of 132,557,043 shares outstanding.
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