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
28-11-2016 Buy 1382.95 1716.00
N/A
Target Hit Long (1Y)
28-11-2017

Nirmal Bang recommends buy Credit Analysis & Research

Nirmal Bang has recommended buy call on Credit Analysis & Research for target price of Rs 1,716. It says CARE is a pure play on the rating business, deriving 99 per cent of its revenues from this business, which makes it the key beneficiary of capex cycle revival. Within the rating business, CARE is mainly driven by bank loan rating (BLR) segment followed by corporate debt rating (CDR) segment. The card rates for BLR/CDR are 4bps/10bps. respectively, for initial fees and 2.5bps/3.0bps, respectively, for surveillance fees, Nirmal Bang adds.

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