24 Sep 2025 | 3 Mins Read
Nuvama upgrades CESC to boost shares by 20%
Flipitmoney
CESC Ltd. shares gained after Nuvama upgraded the stock to "buy" from "hold" and raised its price target to ₹200, implying a 20% upside from Tuesday's close. The brokerage firm cites CESC's solidified renewable energy growth plans, with a goal of doubling profit to ₹2,800 crore by 2025-30, and new solar manufacturing initiatives.