CESC Share Price Target Tomorrow, 2025, 2030, 2035, 2040: CESC Ltd (Calcutta Electric Supply Corporation) is a big Indian company that makes, sends, and sells electricity. It mostly works in Kolkata and nearby places, helping millions of people get power. The company has been around for over 100+ years and is trusted for giving steady electricity. As of January 23, 2025, each share of CESC costs ₹144.50 INR on the stock market. Here, we will tell you more about what the CESC share price Target might be in 2025, 2026, 2027, 2028, 2029, 2030, 2035 & 2040.
Additionally, feel free to join our – Tele-(g)ram) where we share Fast stock market news and updates➥https://bit.ly/TradeWatch360
CESC Ltd Company Overview
CESC Ltd provides electricity to people in Kolkata and nearby areas. They make, send, and deliver power to millions of homes and businesses. CESC runs power plants that create a lot of the electricity for Kolkata. They are also working on projects using clean energy to help the environment and make sure India uses energy in a way that’s good for the planet.
| Company type | Public limited company |
| Traded as | NSE: CESC BSE: 500084 |
| Industry | Electric utility |
| Founded | 24 July 1879, 145 Years ago |
| Founders | R. P. Goenka |
| Headquarters | Kolkata, India |
| Area served | West Bengal, Maharashtra, Rajasthan (India) |
| Key people | Sanjiv Goenka (Chairman) Brajesh Singh (MD – Generation) Vineet Sikka (MD – Distribution) Rajarshi Banerjee (CFO) |
| Products | Electrical power |
| Services | Electricity generation & distribution natural gas exploration, production, transportation & distribution |
| Revenue | ₹12,550 crore (US$1.5 billion) (2022) |
| Net income | ₹1,359 crore (US$160 million) (2022) |
| Total assets | ₹34,372 crore (US$4.1 billion) |
| Total equity | ₹9,494 crore (US$1.1 billion) |
| Number of employees | 7,886 (2020) |
| Parent | RPSG Group |
| Website | cesc.co.in |
CESC Limited Share Price One Year Growth Chart
CESC Share Price Target
Now let us talk about the main point, CESC Share Price Target. We predict share price through fundamentals and technical analysis of the company’s share performance. With our extensive experience and thorough research, we will forecast the direction in which the share price is likely to move in the future. Below are our predictions for CESC Share Price Target for 2025, 2026, 2027, 2028, 2029, 2030, 2035, and 2040.
CESC Share Price Target For 2025
CESC Ltd is showing good chances of growth because it runs smoothly in the power business and is working to use clean energy. In 2025, we think its share price could reach ₹240 first, and by the end of the year, it might go up to ₹260.
| Year | 1st Target | 2nd Target |
| 2025 | ₹240 | ₹260 |
CESC Share Price Target For 2026
By 2026, the CESC Ltd share price might go up to ₹305, and it could even reach ₹330. This shows that people believe in the company’s plans and its focus on clean energy. It’s a good sign for those who want to invest for a long time because CESC is strong in the market and has a lot of chances to grow.
| Year | 1st Target | 2nd Target |
| 2026 | ₹305 | ₹330 |
Read More:- BLS International Share Price Target 2025 to 2040
CESC Share Price Target For 2027
By 2027, CESC Ltd is expected to do well in the energy business. Experts believe the share price might reach ₹345 first and could go up to ₹370 by the end of the year.
| Year | 1st Target | 2nd Target |
| 2027 | ₹345 | ₹370 |
CESC Share Price Forecast For 2028
By 2028, experts think the price of CESC Ltd shares could reach ₹435 as the first target and ₹460 as the second target. This means the company is expected to grow and do well. It is working on using more renewable energy and improving how it operates, which could make it even better in the future.
| Year | 1st Target | 2nd Target |
| 2028 | ₹435 | ₹460 |
CESC Stock Price Forecast For 2029
By 2029, we think the share price could reach ₹475, and it might even go up to ₹510 by the end of the year. This is because the company is doing well, has good plans for the energy business, and more people are expected to need reliable electricity in the areas it serves.
| Year | 1st Target | 2nd Target |
| 2029 | ₹475 | ₹510 |
CESC Share Price Target For 2030
CESC Ltd is a company that provides electricity, and it is growing well. As more people in Kolkata need power, the company will do even better. By 2030, we think the share price of CESC Ltd could reach ₹585, and if things go really well, it might even go up to ₹615 by the end of the year.
| Year | 1st Target | 2nd Target |
| 2030 | ₹585 | ₹615 |
CESC Share Price Target For 2035
By 2035, the price of CESC Ltd shares might go up to ₹835 first and then possibly ₹960. This is because the company is doing well and growing smartly in the power business.
| Year | 1st Target | 2nd Target |
| 2035 | ₹835 | ₹960 |
Read More:- MRF Share Price from 1990 to 2040
CESC Share Price Target For 2040
| Year | 1st Target | 2nd Target |
| 2040 | ₹1230 | ₹1385 |
CESC Ltd is expected to grow well in the future because it is a leader in supplying electricity and is also working on using more renewable energy like solar and wind. By 2040, the price of CESC Ltd’s shares might go up to ₹1,230, and it could even reach ₹1,385 by the end of the year.
CESC Share Price Forecast From 2025 To 2040
| Year | Year High Target (₹) | Year Low Target (₹) |
| 2025 | 260 | 160 |
| 2026 | 330 | 210 |
| 2027 | 370 | 265 |
| 2028 | 460 | 298 |
| 2029 | 510 | 397 |
| 2030 | 615 | 460 |
| 2035 | 960 | 555 |
| 2040 | 1,385 | 870 |
CESC Ltd Peer Comparison
| Sector: Power Generation & Distribution | Industry: Power Generation And Supply | ||||
| Name | P/E | Mar Cap ₹ Cr. | Div Yld % | Sales Qtr ₹Cr. | ROCE % |
| NTPC | 16.36 | 361200 | 2.08 | 44696 | 10.47 |
| Power Grid | 18.48 | 290271 | 3.6 | 11277 | 13.21 |
| Adani Green | 183.12 | 236068 | 0 | 3055 | 9.81 |
| Adani Power | 16.69 | 211784 | 0 | 13338 | 32.25 |
| Tata Power | 34.06 | 129299 | 0.49 | 15697 | 11.13 |
| JSW Energy | 65.55 | 127936 | 0.27 | 3237 | 8.59 |
| Adani Energy | 71.21 | 105676 | 0 | 6183 | 9 |
| CESC | 16.43 | 23192 | 2.57 | 4700 | 11.6 |
CESC Ltd Fundamentals
| Parameter | Value |
| Market Cap | ₹22,541 Cr |
| P/E Ratio (TTM) | 15.97 |
| P/B Ratio | 1.87 |
| Industry P/E | 21.48 |
| Debt to Equity | 1.29 |
| ROE | 11.69% |
| EPS (TTM) | 10.65 |
| Dividend Yield | 2.66% |
| 52 Week High | ₹212 |
| 52 Week Low | ₹109 |
| Book Value | 91.13 |
| Face Value | 1 |
CESC Limited Financial Results
| All In ₹Cr. | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| Sales | ₹12,544 | ₹14,246 | ₹15,293 | ₹16,194 |
| Expenses | ₹9,502 | ₹11,972 | ₹13,017 | ₹14,171 |
| Operating Profit | ₹3,042 | ₹2,274 | ₹2,276 | ₹2,023 |
| OPM % | 24% | 16% | 15% | 12% |
| Other Income | ₹1,006 | ₹1,584 | ₹2,000 | ₹2,195 |
| Interest | ₹1,248 | ₹1,241 | ₹1,377 | ₹1,271 |
| Depreciation | ₹885 | ₹878 | ₹1,217 | ₹1,210 |
| Profit before tax | ₹1,915 | ₹1,739 | ₹1,683 | ₹1,737 |
| Tax % | 27% | 20% | 14% | |
| Net Profit | ₹1,404 | ₹1,397 | ₹1,447 | ₹1,477 |
| EPS in Rs | 10.25 | 10.13 | 10.38 | 10.65 |
CESC Limited Balance Sheet
| All In ₹Cr. | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| Equity Capital | 133 | 133 | 133 | 133 |
| Reserves | 10,263 | 10,777 | 11,312 | 11,948 |
| Borrowings | 14,961 | 14,263 | 14,544 | 15,572 |
| Other Liabilities | 12,136 | 12,539 | 11,179 | 10,660 |
| Total Liabilities | 37,493 | 37,712 | 37,168 | 38,313 |
| Fixed Assets | 23,216 | 22,826 | 22,131 | 21,723 |
| CWIP | 102 | 140 | 175 | 292 |
| Investments | 460 | 77 | 57 | 170 |
| Other Assets | 13,716 | 14,669 | 14,806 | 16,128 |
| Total Assets | 37,493 | 37,712 | 37,168 | 38,313 |
CESC Limited Shareholding Pattern
CESC Ltd Dividend History
| Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
| 19-01-2024 | 01-02-2024 | Interim | ₹4.5 |
| 14 -02-2023 | 24-02-2023 | Interim | ₹4.5 |
| 13-01-2022 | 24-01-2022 | Interim | ₹4.5 |
| 13-01-2021 | 22-01-2021 | Interim | ₹45 |
| 06-02-2020 | 18-02-2020 | Interim | ₹20 |
| 29-01-2019 | 14-02-2019 | Interim | ₹17.5 |
CESC Ltd Stock Splits
| Announcement Date | Ex-Split Date | Old FV | New FV | Remarks |
| 16-6-2021 | 17-9-2021 | 10 | 1 | For every 1 share, the holder will receive 10 shares. |
FAQs
Q.1. What is the CESC share price target for 2025?
Ans: For 2025, the CESC Ltd share price is expected to reach a first target of ₹240 and a second target of ₹260.
Q.2. What is the share price outlook for CESC Ltd in 2026?
Ans: In 2026, the share price of CESC Ltd is projected to achieve a first target of ₹305 and a second target of ₹330.
Q.3. How is the CESC share price expected to perform in 2027?
Ans: For 2027, the share price target for CESC Ltd is ₹345 as the first target, with a potential second target of ₹370.
Q.4. What are the CESC share price targets for 2028?
Ans: In 2028, the share price target for CESC Ltd could be ₹435 as the first target, with a second target of ₹460.
Q.5. What is the target for CESC Ltd shares in 2029?
Ans: For 2029, the first target for CESC Ltd share price is ₹475, with a second target of ₹510.
Q.6. What are the share price predictions for CESC Ltd in 2030?
Ans: In 2030, the CESC Ltd share price is expected to reach ₹585 as the first target, with a second target of ₹615.
Q.7. What are the expected CESC share price targets for 2035?
Ans: By 2035, the CESC Ltd share price could potentially reach ₹835 as the first target, with a second target of ₹960.
Q.8. What is the long-term share price target for CESC Ltd in 2040?
Ans: In 2040, the share price of CESC Ltd could rise to ₹1,230 as the first target, with a second target of ₹1,385.
Q.9. Is CESC a good share to buy?
Ans: CESC is a leading power company with a history of stable operations and consistent dividends. Whether it’s a good buy depends on your investment goals and market analysis. Reviewing its financials, growth potential, and industry trends is essential before deciding.
Q.10. What is the dividend price of CESC in 2024?
Ans: In 2024, CESC declared an interim dividend of ₹4.5 per share, with an ex-dividend date of 19th January 2024 and a record date of 1st February 2024.
Q.11. What is the future plan of CESC Ltd?
Ans: CESC plans to expand in renewable energy, modernize its infrastructure, and improve operational efficiency while aligning with India’s renewable energy goals.
Q.12. Is CESC undervalued or overvalued?
Ans: CESC’s valuation depends on metrics like P/E and P/B ratios compared to peers. It may appear undervalued if its price is below intrinsic value, but market and sector risks should be considered.
TradeWatch360 is a premier platform dedicated to providing real-time insights, trends, and updates in the stock market. It is designed to support both new and seasoned investors by delivering timely and actionable information across a range of asset classes, including stocks, futures, commodities, and global markets.