India's CESC jumps to over 2-year high

CESC

16/11/2023 06:29

** Shares of CESC  CESC.NS  rise 7.8% at 98.45 rupees, their
highest since Oct. 19, 2021
    ** Electricity supplier's stock on track for fourth session
of gains, set to rise most since Nov. 23, 2021 if trends hold
    ** Reuters could not determine a reason for the move
    ** Around 27.8 mln shares change hands by 11:51 a.m. IST,
the highest since Aug. 23
    ** Avg rating of nine analysts close to equivalent of "buy";
median PT is 100 rupees - LSEG data
    ** Including day's gains, stock up 28.9% so far this year

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))