Power utility firm CESC shares surged up to 5.17 per cent at Rs 182 a on the BSE in Monday's intraday deals
CESC arm Purvah Green Power incorporates Redgaint Renewable Power Energy to explore opportunities in renewable power sector
The shares of CESC rose after the company announced that its subsidiary, Purvah Green Power Private Limited has incorporated a Wholly Owned Subsidiary (WOS) company, Ecofusion Power Private Limited.
Shares of CESC soared up to 4.55 per cent at Rs 176.65 per share on the BSE in Monday's intraday trade
Across Asia, markets mirrored the losses seen in Wall Street, with Japan's Nikkei leading the decline with a drop of 1.22 per cent, followed by Korea's Kospi down nearly 1 per cent
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Biz outlook and value unlocking to help drive stock price
Demerger of the company's four businesses will lead to further re-rating