CESC share prices hit new 52-week high amid quarterly results – Check why brokerage bullish on this stock
On the back of healthy quarterly results, the shares of CESC soared over six per cent, to touch a new 52-week high to Rs 819.15 per share on the BSE intraday trade on Thursday. The stock in early morning trade had opened higher, however, trading at 1.7 per cent to Rs 782.60 at around 12:30 pm.
The company's Q4 profit grew mainly due to higher revenues: PTI