Business Standard

Credit rating agencies in focus; CARE Ratings surges 19%, ICRA 10%

Most of the credit rating agencies had reported de-growth in their operational revenue during the first half of financial year 2019-20 (FY20).

banks, sme, loans, credit, audit, ratings, industry, probe, investigation
Premium

SI Reporter Mumbai
Shares of credit rating agencies were in focus with all three listed companies – CARE Ratings, Crisil and Icra rallying up to 19 per cent on the BSE on Tuesday on the back of heavy volumes. The S&P BSE Sensex was down 0.42 per cent at 41,384 points.

CARE Ratings zoomed 19 per cent to Rs 648 in the intra-day trade. The trading volumes on the counter jumped multiple-fold with a combined 2.4 million equity shares, representing 8 per cent of total equity of the company, changed hands on the NSE and BSE so far. On an average, sub

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 31 2019 | 11:31 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com