CARE Ratings Ltd.

NSE: CARERATING | BSE: 534804 | ISIN: INE752H01013 | Industry: Other Financial Services
| Mid-range Performer

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CARE Ratings Ltd.
14 Jun 2019
1185.70
1.52%
Axis Direct
Q4FY19 revenues were down ~10% YoY to Rs 89.4cr (up 23% QoQ). Growth in volume of debt rated instruments at 39% was mainly led by bank loan ratings and long term funding. Operating margins have come down to 55%.
CARE Ratings Ltd. is trading below its 100 day SMA of 1260.2
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