CARE Ratings

Gujarat Ambuja Exports rebounds 10% from intra-day low; nears 52-week high

In the past one month, Gujarat Ambuja Exports stock has rallied 18 per cent, as against 1.7 per cent decline in the BSE Sensex.

Updated On: 12 Jan 2026 | 3:31 PM IST

Shriram Finance expects 30-40 bps lower NCD rates after rating upgrade

Shriram Finance expects fresh NCD pricing to fall 30-40 bps and slip below 8 per cent after its AAA upgrade, but it may delay fund-raising as MUFG's $4.4 billion capital is awaited

Updated On: 30 Dec 2025 | 6:20 PM IST

Care Ratings upgrades Shriram Finance's NCD ratings to AAA; CP at A1+

Care Ratings upgraded Shriram Finance's NCD and subordinated debt ratings to AAA and reaffirmed its commercial paper rating at Care A1+, citing FY25 and H1FY26 performance

Updated On: 29 Dec 2025 | 9:40 PM IST

Karur Vysya Bank rallies 7% on huge volumes; hits new high in weak market

Considering the moderation in slippage ratio and adequate PCR, CareEdge Ratings anticipates the Karur Vysya Bank's asset quality to remain stable in the medium term.

Updated On: 26 Dec 2025 | 1:18 PM IST

Navin Fluorine zooms 87% so far in CY25; stock among BSE 500 top performers

The stock price of Navin Fluorine, a specialty chemicals maker, was quoting higher for the third straight day, surging 9 per cent during the period.

Updated On: 11 Dec 2025 | 11:35 AM IST

CARE Ratings upgrades Punjab & Sind Bank tier-II bonds on asset gains

State-owned Punjab & Sind Bank has said CARE Ratings has upgraded ratings on tier-II bonds by a notch, citing improvement in profitability and decline in bad loans. The rating has been upgraded from CARE AA- with Positive outlook to CARE AA with Stable outlook, the bank has said in a regulatory filing. The bank has secured rating upgrades for tier II bonds worth Rs 1,237 crore. The rating revision to the debt instruments of Punjab and Sind Bank (PSB) considers the improvement in profitability in FY25 and better asset quality aided by recoveries and lower incremental slippages, CARE Ratings said in a statement. The rating continues to favourably factor in majority ownership of and demonstrated support from Government of India (GoI), comfortable capitalisation levels supported by multiple equity infusions and accretion of profits, and established presence in northern states of India, it said. PSB is expected to sustain growth in business while maintaining adequate capitalisation and

Updated On: 24 Aug 2025 | 2:07 PM IST

GMR Airports hits 9-month high, regains ₹1 trillion market cap. Do you own?

GMR Airports stock outlook: CareEdge Ratings projects a robust 9% CAGR in air passenger traffic over FY25- FY27, with international traffic growth expected to outpace domestic growth.

Updated On: 17 Jul 2025 | 10:56 AM IST

SAT quashes Sebi order against ex-Care Ratings MD & CEO Rajesh Mokashi

The tribunal said Sebi caused reputational and financial damage to Mokashi and wasted judicial time, while ignoring Justice BN Srikrishna's exoneration in the ratings case

Updated On: 02 Jul 2025 | 10:33 PM IST

CARE upgrades rating of Aadhar Housing Finance's NCDs, bank loans

Aadhar Housing Finance has said CARE has upgraded the rating of the company's long-term bank facility and non-convertible debentures (NCDs) by a notch. The rating agency has improved rating to CARE AA+ from CARE AA, Aadhar Housing Finance said in a statement on Tuesday. The outlook has been kept stable, it said. For the fourth quarter ended March 2025, Aadhar Housing Finance reported a 21 per cent rise in net profit to Rs 245 crore as against Rs 202 crore in the same quarter a year ago. Total income during the quarter under review rose to Rs 834 crore from Rs 692 crore in the year-ago period.

Updated On: 01 Jul 2025 | 3:26 PM IST

Dividend stocks: HDFC Bank, 18 others to go ex-date on June 27; full list

Among the said list of companies, automaker Swaraj Engines has declared the highest dividend, announcing a final dividend of ₹104.5 per share for financial year 2024-25 (FY25)

Updated On: 26 Jun 2025 | 8:48 AM IST

Dividend stocks: HDFC Bank, 18 others to go ex-date on June 27; full list

Among the said list of companies, automaker Swaraj Engines has declared the highest dividend, announcing a final dividend of ₹104.5 per share for financial year 2024-25 (FY25)

Updated On: 26 Jun 2025 | 8:46 AM IST

Credit rating stocks CRISIL, CARE rally 6% in Wednesday's trade; here's why

Analysts remain positive on Domestic Ratings business - CRISIL, CARE - and expect bond issuances to increase over coming quarters aided by monetary easing and softening corporate spreads.

Updated On: 11 Jun 2025 | 2:48 PM IST

Maharashtra's new EV policy may take 'toll' on toll operators' cash flows

Toll waivers on major highways may impact cash flows of operators like IRB, but low EV penetration and expected compensation make long-term effect minimal

Updated On: 14 May 2025 | 7:39 PM IST

CARE Ratings stock soars 15%, nears 52-week high post Q4 results

In the past one month, CARE Ratings stock has zoomed nearly 30 per cent, as against 5.7 per cent rise in the BSE Sensex.

Updated On: 13 May 2025 | 2:57 PM IST

Care Ratings Q4 results: Profit rises 77% to ₹43.37 cr on higher income

Care Ratings on Monday reported a 77 per cent jump in its net profit to Rs 43.37 crore for the fourth quarter ended March 31. The domestic ratings firm had a net profit of Rs 24.55 crore in the March quarter of 2023-24. Its total income rose to Rs 124.82 crore in the January-March period from Rs 100.43 crore in the March quarter of FY24, the agency said in a regulatory filing. For the full fiscal 2024-25, its net profit surged 36.5 per cent to Rs 140 crore against Rs 102.56 crore in 2023-24. Shares of Care Ratings closed at Rs 1,342.85 apiece, up 4.28 per cent over the previous close on BSE.

Updated On: 12 May 2025 | 10:33 PM IST

Spandana Sphoorty CEO Saxena resigns; CFO Damani named interim chief

The stock of the company closed six per cent lower at Rs 305.2 per share on BSE

Updated On: 23 Apr 2025 | 11:27 PM IST

Stocks to buy today, Apr 23: Care Ratings, NFL among analyst's top choices

Vinay Rajani of HDFC Securities has suggested buying Care Ratings and NFL. Here's why

Updated On: 23 Apr 2025 | 7:20 AM IST

Spandana Sphoorty soars 19% on heavy volumes; zooms 50% in 7 days

Kotak Institutional Equities said microfinance players are now starting to see a scenario where incremental data on forward flows, collections and SMA book is showing an improvement

Updated On: 21 Apr 2025 | 12:13 PM IST

MTNL shares spurt 6% after Care Ratings upgrades long-term debt rating

Shares of Mahanagar Telephone Nigam Limited (MTNL) rallied up to 6.34 per cent at 58.49 per share on the BSE in Wednesday's intraday deals

Updated On: 18 Dec 2024 | 10:46 AM IST

CARE Ratings pares down India's FY25 GDP growth forecast to 6.5%

Sachin Gupta, chief rating officer at CARE Ratings, said that the first half of FY25 paints a picture of cautious optimism within India's corporate sector

Updated On: 13 Dec 2024 | 10:30 PM IST