Care Rating Tracker launched

Credit rating agency Care Ratings has launched Care Rating Tracker (CART), a platform which gives information pertaining to more than 40,000 rated companies across more than 120 industries.
It also gives users access to information of unlisted companies in the rated universe, for which very limited information is available in the public domain, the agency said in a statement.
"By using CART, users can access detailed rating reports of more than 10,000 companies rated by Care", it said.
The product provides users the ability to create portfolio for monitoring companies, rating history of all the companies in the rated universe, industry comparison tool apart from advanced filtering tools.

Users will also receive timely updates of any rating action on companies they are monitoring.
"CART is one of the many endeavours of Care to bridge the information asymmetry prevailing in the market. It is an analytical tool which can be used for effective monitoring of portfolios and help in taking timely decisions", Care Ratings MD and CEO D R Dogra said.