Reuters Market Eye - Shares of CESC Ltd rise after Deutsche Bank initiates coverage with a "buy" rating and a target price of 625 rupees for the power utility and retailer.
Deutsche cites optimism about CESC's core power business, a turnaround in its retail operations and its potential earnings growth.
CESC shares gained 2.1 percent to 462 rupees at 10:12 a.m.
(Reporting by Abhishek Vishnoi)