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CARE Ratings Ltd (CARERATING)

₹1072.350.09%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

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    Mutual Funds have increased holdings from 11.38% to 12.08% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

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    Netprofit is up for the last 2 quarters, 23.46 Cr → 24.08 Cr (in ₹), with an average increase of 2.6% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

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    Revenue is up for the last 2 quarters, 92.36 Cr → 100.44 Cr (in ₹), with an average increase of 8.0% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

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    Foreign Institutions have increased holdings from 21.67% to 22.91% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

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    In the last 3 years, ICRA Ltd has given 75.5% return, outperforming this stock by 28.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cyber Media Research & Services Ltd has given 60.2% return, outperforming this stock by 5.5%

  • imgNEGATIVE IMPACT

    Price Dip

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    In the last 3 months, CARERATING stock has moved down by -3.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

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    Retail Investor have decreased holdings from 52.00% to 50.20% in Mar 2024 quarter

Performance

  • Day's Low

    Day's High

    ₹1,057.05
    ₹1,091.4
  • 52 Week's Low

    52 Week's High

    ₹681.85
    ₹1,263.95
1 Month Return-2.81 %
3 Month Return-3.8 %
1 Year Return+ 54.64 %
Previous Close₹1,071.40
Open₹1,067.40
Volume34.50K
Upper Circuit-
Lower Circuit-
Market Cap₹3,200.26Cr

Analyst Rating

based on 1 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 1 analysts offering long term price targets for CARE Ratings Ltd. An average target of ₹1314

Source: S&P Global Market Intelligence

Company Information

CARE Ratings Ltd is a leading credit rating and grading agency in India, incorporated in 1993. CARE Ratings provides a comprehensive range of services in credit rating and grading, research, risk assessment and analysis. It offers ratings and grading services to banks, financial institutions, non-banking financial companies, corporate and government entities.

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: ₹1072.35 per share as on 21 Jun, 2024 04:01 PM
Market Capitalisation: ₹3,200.26Cr as of today
Revenue: ₹90.15Cr as on March 2024 (Q1 24)
Net Profit: ₹24.55Cr as on March 2024 (Q1 24)
Listing date: 26 Dec, 2012
Chairperson Name: Najib Shah
OrganisationCARE Ratings Ltd
HeadquartersMumbai
IndustryCredit Rating Agencies
E-voting on sharesClick here to vote

Key events for CARE Ratings Ltd

  • CARE Ratings Q4 Results Show Increase in Revenue and Profit - 12 May, 2024

    CARE Ratings has reported a 16.3% YoY increase in topline and a 22.86% YoY increase in profit for Q4. The EPS for Q4 is ₹8.03, showing a 15.54% Y-o-Y increase. However, the stock has delivered -5.59% return in the last week. Currently, CARE Ratings has a market cap of ₹3289.95 Cr.

  • CARE Ratings Reports Strong FY24 Earnings - 11 May, 2024

    CARE Ratings Ltd reports strong full-year 2024 earnings with a 36% YoY increase in revenue to Rs 3.78b and a 20% YoY increase in net income to Rs 1.01b.

  • CARE Ratings Reports Strong Financial Results for FY 2023-24 - 10 May, 2024

    CARE Ratings reported a strong financial performance for the fiscal year 2023-24 with a 20.34% YoY increase in net profit to Rs 100.52 crore and an 18.89% growth in sales to Rs 331.68 crore. The company also declared a final dividend of Rs 11/share.

  • CARE ESG Ratings Receives Approval from SEBI - 03 May, 2024

    CARE ESG Ratings, a subsidiary of CARE Ratings Ltd, has received approval from SEBI to function as a Category I ESG Ratings Provider. The ratings will enable issuers to discern steps for the betterment of their sustainability performance.

CARE Ratings Ltd Valuation

CARE Ratings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.61x)

March 23, 2020

Today (31.72x)

June 20, 2024

Industry (44.67x)

June 20, 2024

Highest (36.65x)

February 28, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.32%
Nippon India Multi Cap Fund - Direct Plan - GrowthNippon India Multi Cap Fund - Direct Plan - Growth0.29%
Quant Active Fund Growth Option Direct PlanQuant Active Fund Growth Option Direct Plan0.42%
Mirae Asset Multicap Fund Direct GrowthMirae Asset Multicap Fund Direct Growth1.39%
Mirae Asset Banking and Financial Services Fund Direct GrowthMirae Asset Banking and Financial Services Fund Direct Growth0.65%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M 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

Frequently Asked Questions

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CARE Ratings Ltd (CARERATING) share price today is ₹1072.35

CARE Ratings Ltd is listed on NSE

CARE Ratings Ltd is listed on BSE

  • Today’s highest price of CARE Ratings Ltd is ₹1091.4.
  • Today’s lowest price of CARE Ratings Ltd is ₹1057.05.

PE Ratio of CARE Ratings Ltd is 31.72

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 34.50K.

Today’s market capitalisation of CARE Ratings Ltd(CARERATING) is ₹3200.26Cr.

CARE Ratings Ltd(CARERATINGPrice
52 Week High
₹1263.95
52 Week Low
₹681.85

CARE Ratings Ltd(CARERATING) share price is ₹1072.35. It is down -15.16% from its 52 Week High price of ₹1263.95

CARE Ratings Ltd(CARERATING) share price is ₹1072.35. It is up 57.27% from its 52 Week Low price of ₹681.85

CARE Ratings Ltd(CARERATINGReturns
1 Day Returns
0.95%
1 Month Returns
-2.81%
3 Month Returns
-3.8%
1 Year Returns
54.64%