NSE: CESC · 27 October 2026
- CESC Ltd. fell 1.99% on Tuesday, closing at ₹122.27 after trading between an intraday high of ₹127.38 and a low of ₹122.21.
- Purvah Green Power Private Limited, a subsidiary of CESC Limited, has entered into a Power Purchase Agreement and Share Subscription and Shareholder's Agreement with Prism Johnson Limited. The agreement involves supplying renewable power from a 49.5 MW wind power plant to be constructed in Madhya Pradesh under a group captive model, with Prism Johnson investing up to INR 40 crores for a 26.5% equity and redeemable preference share stake in the project company.
- Trading volume was 2.07 times the 20-day average daily volume.
Why is CESC share price falling on 27 October 2026?
CESC Ltd. fell 1.99% on Tuesday, closing at ₹122.27 after trading between an intraday high of ₹127.38 and a low of ₹122.21.
The broader market exhibited a flat tone, with the Nifty changing by -0.02%. CESC's decline reflects continued downward pressure over the short and medium term, following a 5-day return of -8.31% and a 20-day return of -12.58%, bringing the stock near its 52-week low of ₹122.15.
While no single new corporate announcement was released today to directly trigger the session's decline, recent company developments include its renewable energy arm, Purvah Green Power, signing its first commercial and industrial captive power agreement with Prism Johnson for a 49.5 MW wind project in Madhya Pradesh under a group captive model. Additionally, the company recently allotted 19,000 secured, unlisted, redeemable, rated non-convertible debentures aggregating to ₹190 crore on a private placement basis.
35.82 lakh shares traded by 27 October 2026 · 02:55 PM IST. This compares with a 20-day average daily volume of 17.28 lakh shares (2.07 times). The five-day average daily volume was 15.44 lakh shares. Separately, the NSE report for 26 October 2026 showed 6.58 lakh shares delivered, representing 44.52% of that day’s traded volume. The same report recorded 25,783 trades.
The decline appears consistent with ongoing selling pressure and downward momentum following recent weeks of negative returns, accompanied by higher-than-average cash trading volumes without a specific single same-day catalyst.
Latest Company Developments
Purvah Green Power Private Limited, a subsidiary of CESC Limited, has entered into a Power Purchase Agreement and Share Subscription and Shareholder's Agreement with Prism Johnson Limited. The agreement involves supplying renewable power from a 49.5 MW wind power plant to be constructed in Madhya Pradesh under a group captive model, with Prism Johnson investing up to INR 40 crores for a 26.5% equity and redeemable preference share stake in the project company.
This marks the group's entry into commercial and industrial power supply, expanding its renewable portfolio toward its medium-term 10 GW target.
A committee of the Board of Directors approved the allotment of 19,000 secured, unlisted, redeemable, rated non-convertible debentures with a face value of ₹1,00,000 each, aggregating to ₹190 crore on a private placement basis to Kotak Mahindra Bank Limited. The instrument carries a tenure of 5 years with a coupon rate linked to the one-month MIBOR OIS plus a spread of 2.20% per annum.
The debt issuance secures long-term funding for the company's capital requirements under defined security cover and repayment schedules.
CESC Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
CESC Limited has informed the Exchange that Record date for the purpose of Interim Dividend is 19-Aug-2026.
CESC Limited has informed the Exchange that Board of Directors at its meeting held on August 13, 2026, declared Interim Dividend of Rs. 6 per equity share.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 17.29% on 30 September 2026. This compares with 18.27% on 30 June 2026, a change of -0.98 percentage points.
The filing reported 25 MF/UTI holders.
What to Watch Next
- Execution progress on Purvah Green Power's 49.5 MW wind project and group captive agreements
- Delivery percentage trends relative to the 44.52% recorded in the prior cash report
- Further developments regarding the company's medium-term 10 GW renewable capacity expansion plan
- Price stabilization near the 52-week low of ₹122.15
More CESC news and dated analysis →
Frequently Asked Questions
What is the latest CESC company news?
Purvah Green Power Private Limited, a subsidiary of CESC Limited, has entered into a Power Purchase Agreement and Share Subscription and Shareholder's Agreement with Prism Johnson Limited. The agreement involves supplying renewable power from a 49.5 MW wind power plant to be constructed in Madhya Pradesh under a group captive model, with Prism Johnson investing up to INR 40 crores for a 26.5% equity and redeemable preference share stake in the project company.
How strong was CESC’s trading volume?
35.82 lakh shares traded, 2.07 times the 20-day average daily volume. The price and volume data are dated 27 October 2026 · 02:55 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.
