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CESC drops amid volatility after muted growth in Q4 net profit

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Capital Market

CESC fell 0.44% to Rs 586.50 at 14:54 IST on BSE after net profit rose 0.41% to Rs 244 crore on 14.64% growth in total income to Rs 1448 crore in Q4 March 2015 over Q4 March 2014.

The Q4 result was announced during market hours today, 21 May 2015.

Meanwhile, the S&P BSE Sensex was down 25.82 points or 0.09% at 27,811.39.

On BSE, so far 2.80 lakh shares were traded in the counter as against average daily volume of 48,110 shares in the past one quarter.

The stock was volatile. The stock fell as much as 3.24% at the day's low of Rs 570 so far during the day. The stock rose as much as 2.58% at the day's high of Rs 604.35 so far during the day. The stock had hit a record high of Rs 828.10 on 16 September 2014. The stock had hit a 52-week low of Rs 517.75 on 7 May 2015.

 

The mid-cap company has 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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First Published: May 21 2015 | 2:45 PM IST

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