Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1237.35
Change Change %
-14.00 -1.12%

Updated:21 Sep, 2018, 15:54 PM IST

BSE
1233.40
Change Change %
-17.55 -1.40%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
08-08-2016 Buy 1160.00 1429.00
N/A
Target Hit Long (1Y)
08-08-2017

Nirmal Bang maintains buy on Credit Analysis And Research

Nirmal Bang has maintained its buy call on Credit Analysis And Research for target price of Rs 1,429. It says as many as 555 new clients were added in 1QFY17 against 708 YoY. The volume of debt rated increased 52.5%/33.1%/72% in bank loan ratings/corporate debt ratings/others (SME and short-term loans). The management believes that CARE has gained market share from competitors in BLR/CDR(corporate debt rating) segments as a result of which the number of assignments also increased by 55.1% to 76 (in CDR space) in 1QFY17.

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