Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  CARE Ratings soars on reporting 10% rise in Q4 net profit

23-May2018

CARE Ratings soars on reporting 10% rise in Q4 net profit

Care Ratings is currently trading at Rs. 1311.00, up by 32.85 points or 2.57% from its previous closing of Rs. 1278.15 on the BSE.

The scrip opened at Rs. 1305.00 and has touched a high and low of Rs. 1315.00 and Rs. 1302.05 respectively. So far 724 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1800.00 on 10-Jul-2017 and a 52 week low of Rs. 1182.15 on 03-Apr-2018.

Last one week high and low of the scrip stood at Rs. 1,315.00 and Rs. 1,263.00 respectively. The current market cap of the company is Rs. 3848.37 crore.

The Institutions and Non-Institutions held 66.75% and 33.25%, stake in the company, respectively.

Care Ratings has reported a rise of 9.97% in its net profit at Rs 39.92 crore for the quarter ended March 31, 2018 as compared to Rs 36.30 crore for the same quarter in the previous year. Total income of the company increased by 23.18% at Rs 102.31 crore for quarter under review as compared to Rs 83.06 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 5.77% in its net profit at Rs 161.03 crore as compared to Rs 152.25 crore for the previous year. Total income of company increased by 10.27% at Rs 346.88 crore for year under review as compared to Rs 314.56 crore for the year ended March 31, 2017.



Related News

View all news

Birla Precision Technologies receives approval to issue of 6,07,005 Equity Shares

Birla Precision Technologies has received approval to issue of 6,07,005 Equity Shares at Rs 16.24 each on preferential basis to Zenith Dye intermediates. The Board of Directors has at its meeting held ......

Bajaj Finance strengthens on the bourses

Bajaj Finance is currently trading at Rs. 2656.30, up by 3.25 points or 0.12% from its previous closing of Rs. 2653.05 on the BSE.The scrip opened at Rs. 2659.95 and has touched a high and low of Rs. 2674.40......

Elgi Equipments surges on launching direct drive reciprocating air compressor

Elgi Equipments is currently trading at Rs. 252.00, up by 4.90 points or 1.98% from its previous closing of Rs. 247.10 on the BSE.The scrip opened at Rs. 251.75 and has touched a high and low of Rs. 252.00......

Top News

View all news

City Union Bank opens four new branches in Tamil Nadu

City Union Bank has opened four new branches in the state of Tamil Nadu on February 22, 2019. The bank has inaugurated 621th and 622nd branch at Nambiyur and Moolapalayam, respectively. The bank has also......

Syndicate Bank enters into partnership with Srei Equipment Finance

Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide financing for construction and farm equipment. Under the arrangement, Syndicate Bank would leverage on its low-cost......

Tata Motors to supply 80 Electric buses to West Bengal Transport Corporation

Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC). The company has already supplied 20 Ultra Electric 9/9m AC E-buses, with remaining 20 9/9m AC E-buses scheduled......