New Delhi, Nov. 12 -- Shares of CESC witnessed sharp volatility during Thursday's intraday trading session amid sharp surge in trading volume in the power utility stock. Meanwhile, the stock has declined nearly 27.89% over the past six months. However, CESC's in-line results in the second quarter of financial year 2026-27, and positive growth outlook may benefit the stock in long-term, according to ICICI Direct which sees nearly 36% upside potential in it.

CESC shares came under pressure in the second half of the trading session, erasing all the gains recorded during the first half of the day.

The company stock is on track to achieve its vision of 10 GW of RE capacity as it signed an agreement to acquire 1.5 GWp, operational portfolio d...