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Stocks to Buy: Elara Securities sees 75% upside for this power utility stock

Reported by: CNBC TV18 ·

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CESC

Summary

CNBC TV18 published an analyst view from Elara Securities on CESC, a power utility company. The brokerage's view covers the stock and links its view to the commissioning of CESC's planned 3 GW renewable energy projects. This is the analyst's view, not Hypeless's. In plain terms, a stock-pick item like this is one brokerage's opinion, not a report from the company or the exchanges. GW means gigawatt, a unit of power capacity, so 3 GW is the size of the generation projects the analyst refers to. Commissioning means the projects starting commercial operation. CESC is a listed power utility, and the item gives no figures on its earnings, project cost or timeline.

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CNBC TV18  · · Tone +1

Stocks to Buy: Elara Securities sees 75% upside for this power utility stock

Elara Securities sees significant re-rating potential for CESC following the commissioning of its planned 3 GW renewable energy projects.

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