CESC - Cup and Handle Breakout

Nov 17, 2023

CESC Limited is an integrated electrical utility and holding company. The Company is engaged in the generation and distribution of electricity across approximately 570 square kilometers of licensed area in Kolkata and Howrah, West Bengal.

TTM EPS: 10.92
TTM PE: 8.99
P/B: 1.20
Face Value: 1
Mkt Cap (Rs. Cr.): 13,017
Dividend Yield: 4.58
Sector PE 17.62
Book Value Per Share: 82.30

Positives:

1. Strong Momentum: Price above short, medium and long-term moving averages
   
2. New 52-week high today
   
3. Increasing Revenue every quarter for the past 2 quarters
   
4. Company with Zero Promoter Pledge
   
5. FII / FPI or Institutions increasing their shareholding
   

Negatives:

1. MFs decreased their shareholding last quarter
   
2. Inefficient use of capital to generate profits - RoCE declining in the last 2 years
   
3. Inefficient use of shareholder funds - ROE declining in the last 2 years
   
4. Inefficient use of assets to generate profits - ROA declining in the last 2 years
   
5. Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
   
6. Declining Net Cash Flow: Companies not able to generate net cash
   

NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks

Dec 16, 2023

Trade active

CMP 122

Jan 9, 2024

Trade active

CMP 139