Moneycontrol
Last Updated : Jan 08, 2019 12:49 PM IST | Source: Moneycontrol.com

Buy CESC; target of Rs 801: Motilal Oswal

Motilal Oswal is bullish on CESC has recommended buy rating on the stock with a target price of Rs 801 in its research report dated January 07, 2019.

Broker Research @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Motilal Oswal 's research report on CESC


We believe CESC is well placed to benefit from the privatization of DISCOMs. It is amongst the few opportunities that offers a play on both distribution and generation. It is also amongst the few with a healthy balance sheet and strong FCF generation to drive growth.


Outlook


We will incorporate the Malegaon circle in our numbers once the agreement is signed and contract terms are available. Re-iterate Buy with a TP of INR 801/share.


For all recommendations report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

First Published on Jan 8, 2019 12:49 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant