Power Stock to Buy Now for 46% Upside; Recommended by CLSA
India, Sept. 25 -- The shares of the Small-cap company, which specialises in the generation, transmission, and distribution of electricity, are in focus after The Global Brokerage firm CLSA set a target with upside potential of upto 46 percent from the previous day's close.
With a market capitalisation of Rs. 2,55,221.49 crore in the day's trade, the shares of CESC Limited were trading at Rs. 137.85, down 1.47 percent compared to the previous close of Rs. 139.90.
What Happened
CESC Limited shares are in the spotlight after global brokerage firm CLSA maintained an "Outperform" rating on the stock and set a target price of Rs. 204. The target implies upside potential of around 45.8 percent from the previous closing price of Rs. 139.90.
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