ICRA Ltd
ICRA

4,133.05

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

4,140.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Buy
Reco. Price
Rs 4050.00
We recommend a BUY on the stock on account of changes in regulatory norms and divestment of IT subsidiary. RBI’s measures to lift bond market and stringent norms on unrated bank exposure will boost rating volumes. Sale of IT subsidiary will enhance focus on core business. The stock is currently trading at a FY17E P/E of 39.9x. (Target Price = Rs 4595)
Detailed View
50 DMA (.)
4,045.18
100 DMA (.)
4,060.53
200 DMA (.)
4,022.41
Weekly Range (.)
4,020.10
4,249.90
Monthly Range (.)
4,014.00
4,540.00
52 Weeks Range (.)
3,470.00
4,550.00
Detailed Chart