NMDC shares would turn ex-dividend today. NMDC had announced an interim dividend of Rs 3.75 per share. Today is also the record date for the same. The dividend will be paid on March 16.

ONGC, NMDC, BEML, PFC, CESC, Apollo Hospitals shares to turn ex-dividend today

CESC Ltd, Cera Sanitaryware Ltd, Adani Enterprises Ltd and Mahindra Lifespace Developers Ltd are among the other losers in the BSE’s ‘A’ group today, 24 February 2023.

Macrotech Developers Ltd leads losers in ‘A’ group

Broker’s Call: CESC (Buy)

HDFC Securities is bullish on CESC has recommended buy rating on the stock with a target price of Rs 108 in its research report dated February 14, 2023.

Buy CESC; target of Rs 108: HDFC Securities

Sharekhan is bullish on CESC has recommended buy rating on the stock with a target price of Rs 95 in its research report dated February 17, 2023.

Buy CESC; target of Rs 95: Sharekhan

Bharat Forge’s Q3 Ebitda was in line with its estimate. A miss on the tonnage front was compensated for by better per unit metric. Subsidiary performance suffered from macro issues with utilisation at 50 per cent level.

Bharat Forge, GSPL, CESC, Titagarh Wagons, Bosch: What analysts say on these 5 stocks

Siemens India delivered robust Q1 FY23 revenue/Ebitda/APAT of Rs 36.5/5.5/4.4 billion, beating our estimate by 0/32/43%.

Siemens, Eicher Motors, Bharat Forge, Torrent Power, CESC & More Q3 Results Review: HDFC Securities

The company’s board declares an interim dividend of ₹4.50 per equity share

CESC profit rises marginally to ₹186 crore in Q3 FY23

PI Industries, GMR Airport Infrastructure, Torrent Power, Ipca Labs, Bata India, PNC Infra, CESC, Radico Khaitan and Indiabulls Housing would be some other companies that will disclose quarterly results later in the day.

Gateway Distriparks, MGL, Hikal to go ex-dividend; Adani Enterprises, Vodafone Idea, ONGC, JP Associates Q3 results today

Buzzing stocks: Adani Enterprises, ONGC, Apollo Hospitals, CESC, Eicher, Grasim, GMR AIrport, NBCC India, FDC, Man Industries, Solara Active Pharma, Coforge

Stocks that will see action on February 14, 2023

Net Sales are expected to increase by 3.3 percent Y-o-Y (down 24.1 percent Q-o-Q) to Rs. 1,717.2 crore, according to HDFC Securities.

CESC Q3 PAT may dip 0.9% YoY to Rs. 182.4 cr: HDFC Securities

Hasn't faired well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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.

CESC Ltd