CARE Ratings rallies post Q4 earnings, special dividend
Announced a special dividend of 80% or Rs 8 per share on competition of 20 years of Analytical Excellence.
Credit Analysis and Research (CARE) has rallied 6% to Rs 753 after the rating agency announced a special dividend of 80% or Rs 8 per share on competition of 20 years of Analytical Excellence by the company.
Meanwhile, the company has posted a net profit of Rs 35.61 crore and total income of Rs 63.30 crore for the fourth quarter ended March 31, 2013 (Q4 FY13), the company said in a release.
The comparative figures for Q4 FY12 are not available as the company got listed last fiscal.
The company said the number of new clients in FY13 increased by 38% to 2,919 from 2,119 in FY12.
The stock opened at Rs 720 and hit a high of Rs 770 on NSE. A combined 44,248 shares changed hands on the counter in early morning deals on NSE and BSE.
Meanwhile, the company has posted a net profit of Rs 35.61 crore and total income of Rs 63.30 crore for the fourth quarter ended March 31, 2013 (Q4 FY13), the company said in a release.
The comparative figures for Q4 FY12 are not available as the company got listed last fiscal.
The company said the number of new clients in FY13 increased by 38% to 2,919 from 2,119 in FY12.
The stock opened at Rs 720 and hit a high of Rs 770 on NSE. A combined 44,248 shares changed hands on the counter in early morning deals on NSE and BSE.