As the festive season approaches, investors often look for stocks with growth potential and stable fundamentals.

CESC Ltd, a fully integrated power utility company based in Kolkata, has been highlighted by market expert Astha Jain as a potential Diwali investment option, trading currently around Rs 170.

Company Overview

CESC Ltd, part of the RP-Sanjiv Goenka Group, has been supplying electricity since 1899. The company serves an area of 567 sq km, covering Kolkata, Howrah, and the surrounding regions.

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Its customer base includes 3.4 million residential, commercial, and industrial users.

According to company management, CESC aims to double profits by 2030 through a structured growth strategy.

A key component of this plan is a Rs 320 billion capit

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