CESC takes a power ride to hit a high
DSIJ Intelligence / 28 Aug 2017
The stock of CESC, an integrated electric utility and holding company, has hit a fresh 52-week high on the back of higher open interest in the stock’s futures with the formation of fresh long positions, indicating a continued upward momentum.
The stock of CESC, an integrated electric utility and holding company, has hit a fresh 52-week high on the back of higher open interest in the stock’s futures with the formation of fresh long positions, indicating a continued upward momentum. The stock soared over 5% during Monday’s trade and traded on a new 52-week high value of Rs 1,010 per share.
CESC was trading at Rs 998.55 per share, up by Rs 42.05 or 4.40% as at 1212 hours on Monday, on the BSE. The stock witnessed a spurt in volume by more than 1.89 times. It attracted a traded volume of 18,77,079 shares and traded value of Rs 18,657.98 lakhs on the NSE.
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