Risk factor
Limited trading liquidity
Profitability factor
Very strong margins and returns
About
CARE Ratings Limited operates as a prominent credit rating agency, delivering a wide spectrum of rating and grading solutions across India, Mauritius, and Nepal. Its principal services involve assessing various debt instruments, including bonds, debentures, hybrid securities, preference shares, fixed deposits, commercial papers, short-term debt programs, and certificates of deposit. The company also specializes in bank loan ratings and provides tailored evaluations for financial sector entities such as banks, non-banking finance companies, housing finance companies, and other financial institutions. Furthermore, CARE Ratings extends its expertise to structured finance, insurance, and infrastructure project appraisals, alongside public finance ratings that encompass state government bodies and urban infrastructure initiatives. Additional services include corporate governance ratings, project finance assessments, and MLD valuation. The firm also furnishes corporate advisory, project evaluation and monitoring, credit analytics, comprehensive industry and company research, and due diligence and grading services, in addition to broader research and analytics, catering to corporates, financial institutions, banks, and institutional investors. Established in 1993, the company was formerly known as Credit Analysis and Research Limited, rebranding to CARE Ratings Limited in June 2017. Its headquarters are situated in Mumbai, India.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of CARERATING.NS is 2130 and suggests 27.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendatio