CARE Ratings Ltd Share Price (CARERATING)
₹1110.55
Overview of CARE Ratings Ltd
Key events for CARE Ratings Ltd
CARE Ratings Plans to Start Sovereign Debt Ratings Service - 03 Apr, 2024
CARE Ratings Ltd plans to enter the sovereign debt ratings space, starting with countries in Asia and Africa. If approved, it will be the first Indian rating agency to rate sovereign debt, currently dominated by global companies such as S&P, Moody's, and Fitch.
Analyst Rating for CARE Ratings Ltd stock
based on 1 analysts
Based on 1 analysts offering long term price targets for CARE Ratings Ltd. An average target of ₹1303
Source: S&P Global Market Intelligence
CARE Ratings Ltd share Performance
- ₹1080.05₹1141₹1110.55
2.75%
Downside
Day's Volatility:5.49%
Upside
2.74%
- ₹626.95₹1263.95₹1110.55
43.55%
Downside
52 Weeks Volatility:57.36%
Upside
13.81%
| Returns % | |
| 1 Month Return | -0.14 % |
| 3 Month Return | 16.8 % |
| 1 Year Return | 71.57 % |
| Market Stats | |
| Previous Close | ₹1,113.00 |
| Open | ₹1,089.85 |
| Volume | 57.91K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,324.30Cr |
CARE Ratings Ltd Company Information
The company operates in three main lines of business - credit rating, research and risk assessment & analysis. CARE Ratings's credit ratings cover various instruments such as debt instruments, bank loans, structured finance, corporate debt, project finance and public finance. Its research services include credit analysis, industry research, macroeconomic research and sector research. The risk assessment & analysis services include credit risk management, counterparty risk assessment, financial risk management and enterprise risk management.
Share Price: ₹1110.55 per share as on 17 Apr, 2024 02:04 AM
Market Capitalisation: ₹3,324.30Cr as of today
Revenue: ₹78.68Cr as on December 2023 (Q4 23)
Net Profit: ₹23.92Cr as on December 2023 (Q4 23)
Listing date: 26 Dec, 2012
Chairperson Name: Najib Shah
| Organisation | CARE Ratings Ltd |
| Headquarters | Mumbai |
| Industry | Credit Rating Agencies |
| E-voting on shares | Click here to vote |
Fundamentals of CARE Ratings Ltd
Insights on CARE Ratings Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 11.38% to 12.08% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, CARERATING stock has moved up by 16.8%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 21.67% to 22.91% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, CARERATING has outperformed top 5 stocks with highest market-cap in Professional Information Services
NO EFFECTAgainst Peers
In the last 3 years, CRISIL Ltd has given 159.4% return, outperforming this stock by 22.0%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 52.00% to 50.20% in Mar 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 35.17 Cr → 23.46 Cr (in ₹), with an average decrease of 33.3% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 107.63 Cr → 92.36 Cr (in ₹), with an average decrease of 14.2% per quarter
CARE Ratings Ltd Valuation
CARE Ratings Ltd in the last 5 years
Lowest (7.61x)
March 23, 2020
Today (34.45x)
April 15, 2024
Industry (51.70x)
April 15, 2024
Highest (36.65x)
February 28, 2024
CARE Ratings Ltd Mutual Fund Holdings
| Funds | Holdings |
 Nippon India Small Cap Fund - Direct Plan - Growth Plan | 0.39% |
| Nippon India Multi Cap Fund - Direct Plan - Growth | 0.37% |
 Mirae Asset Multicap Fund Direct Growth | 1.73% |
 Quant BFSI Fund Direct Growth | 7.49% |
| Quant Active Fund Growth Option Direct Plan | 0.16% |
CARE Ratings Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 22.91% | 0.00 | |
| Mutual Funds | 12.08% | 0.00 | |
| Retail Investors | 50.2% | 0.00 | |
| Others | 14.81% | 0.00 |
Technicals of CARE Ratings Ltd share
News & Events of CARE Ratings Ltd
Frequently Asked Questions
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CARE Ratings Ltd (CARERATING) share price today is ₹1110.55
CARE Ratings Ltd is listed on NSE
CARE Ratings Ltd is listed on BSE
- Today’s highest price of CARE Ratings Ltd is ₹1141.
- Today’s lowest price of CARE Ratings Ltd is ₹1080.05.
PE Ratio of CARE Ratings Ltd is 34.45
PE ratio = CARE Ratings Ltd Market price per share / CARE Ratings Ltd Earnings per share
Today’s traded volume of CARE Ratings Ltd(CARERATING) is 57.91K.
Today’s market capitalisation of CARE Ratings Ltd(CARERATING) is ₹3324.3Cr.
| CARE Ratings Ltd(CARERATING | Price |
|---|---|
52 Week High | ₹1263.95 |
52 Week Low | ₹626.95 |
CARE Ratings Ltd(CARERATING) share price is ₹1110.55. It is down -12.14% from its 52 Week High price of ₹1263.95
CARE Ratings Ltd(CARERATING) share price is ₹1110.55. It is up 77.14% from its 52 Week Low price of ₹626.95
| CARE Ratings Ltd(CARERATING | Returns |
|---|---|
1 Day Returns | -2.45% |
1 Month Returns | -0.14% |
3 Month Returns | 16.8% |
1 Year Returns | 71.57% |