Don’t miss the latest developments in business and finance.

CESC gains after Q4 results

Image
Capital Market
Last Updated : May 28 2013 | 2:31 PM IST

The company announced Q4 results during trading hours today, 28 May 2013.

Meanwhile, the S&P BSE Sensex was up 166.33 points or 0.83% at 20,197.10.

On BSE, 1.75 lakh shares were traded in the counter as against average daily volume of 22,479 shares in the past one quarter.

The stock hit a high of Rs 340.60 and a low of Rs 320 so far during the day. The stock had hit a 52-week high of Rs 345.50 on 23 October 2012. The stock had hit a 52-week low of Rs 252.70 on 28 March 2013.

The stock had outperformed the market over the past one month till 27 May 2013, surging 13.16% compared with the Sensex's 3.86% rise. The scrip had also outperformed the market in past one quarter, jumping 13.82% as against Sensex's 4.59% gain.

The mid-cap has equity capital of Rs 124.94 crore. Face value per share is Rs 10.

More From This Section

CESC's net profit rose 11.55% to Rs 618 crore on 13.58% growth in total income from operations to Rs 5317 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

On consolidated basis, CESC's net profit jumped 86.58% to Rs 459 crore on 28.49% growth in total income from operations to Rs 7571 crore in FY 2013 over FY 2012.

CESC's board of directors at a meeting held today, 28 May 2013, recommended dividend of Rs 7 per share for FY 2013.

CESC is a fully integrated power utility with its operation spanning the entire value chain right from mining coal, generating power, and distribution of power.

Powered by Capital Market - Live News

Also Read

First Published: May 28 2013 | 2:14 PM IST

Next Story