CESC jumps after good Q2 outcome

CESC rose 3.96% to Rs 741.60 at 12:00 IST on BSE after net profit rose 12.28% to Rs 192 crore on 1.15% increase in total income to Rs 1678 crore in Q2 September 2014 over Q2 September 2013.

The result was announced during trading hours today, 14 November 2014.

Meanwhile, the BSE Sensex was up 80.12 points, or 0.29%, to 28,020.76.

On BSE, so far 66,000 shares were traded in the counter, compared with an average volume of 38,552 shares in the past one quarter.

The stock hit a high of Rs 742.80 and a low of Rs 707.50 so far during the day. The stock hit a record high of Rs 828.10 on 16 September 2014. The stock hit a 52-week low of Rs 372 on 25 November 2013.

The stock had underperformed the market over the past one month till 13 November 2014, falling 0.70% compared with 5.90% rise in the Sensex. The scrip had also underperformed the market in past one quarter, rising 2.12% as against Sensex's 7.80% rise.

The mid-cap company has an equity capital of Rs 132.56 crore. Face value per share is Rs 10.

CESC is India's first fully integrated electrical utility company.

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