Why is CESC falling/rising?

Jul 10 2025 09:03 PM IST
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As of 10-Jul, CESC Ltd's stock price is at 178.40, down 1.3%, and has underperformed its sector. Despite a slight weekly increase, its year-to-date return is -3.98%, indicating cautious investor sentiment amid declining profits.
As of 10-Jul, CESC Ltd's stock price is currently at 178.40, reflecting a decrease of 2.35, or 1.3%. The stock has underperformed its sector today by 1.33%. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Over the past week, the stock has shown a slight increase of 0.20%, but it has a year-to-date return of -3.98%. The stock is trading at a discount compared to its peers' average historical valuations, and while it has high institutional holdings at 36.12%, it has also seen a decline in profits by 0.5% over the past year, contributing to its recent price movement.

In the broader market context, CESC's short-term performance of +0.20% over the past week contrasts with the Sensex, which has seen a slight decline of 0.06%. This indicates that while CESC has managed to outperform the benchmark slightly in the short term, its year-to-date performance remains significantly lower than the Sensex's gain of 6.46%. The stock's liquidity is adequate for trading, but the overall negative return over the past year and the recent drop in price suggest that investor sentiment may be cautious, despite the rising investor participation indicated by the increase in delivery volume.
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