Independent analyst Kunal Bothra has a buy call on CESC with a target price of Rs 1080.

The current market price of CESC is Rs 1042.35.

Time period given by the analyst is intraday when CESC price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 1,020.

CESC, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 13,817.08 Crore) operating in Power sector.

CESC key Products/Revenue Segments include Electricity which contributed Rs 6,979.69 Crore to Sales Value (96.67 per cent of Total Sales) and Other Operating Revenue which contributed Rs 240.38 Crore to Sales Value (3.32 per cent of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-06-2017, the company has reported a Standalone sales of Rs 2,184 Crore, up 38.93 per cent from last quarter Sales of Rs 1,572 Crore and up 15.68 per cent from last year same quarter Sales of Rs 1,888 Crore.

Company has reported net profit after tax of Rs 178 Crore in latest quarter.

The company's top management includes Mr.Aniruddha Basu, Mr.Brij Mohan Kaitan, Mr.Chandra Kumar Dhanuka, Mr.Kalaikuruchi Jairaj, Mr.Pradip Kumar Kaitan, Mr.Pratip Chaudhuri, Mr.Sanjiv Goenka, Ms.Rekha Sethi.

Company has LoveLock & Lewes as its auditors.

As on 30-06-2017, the company has a total of 132,557,043 shares outstanding.