Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Total Bank facilities reviewed by the rating agency stood at Rs117.51 crore.

CARE Ratings revises credit rating of Punjab Alkalies’ bank facilities; stock slips ~1%

According to Care Ratings, bank credit to non-banking financial companies expanded by ₹99,000 crore in FY22, from FY21

Bank credit to NBFCs rise 10% to ₹10.5 lakh crore in FY22: Care Ratings

In absolute terms, according to an analysis by Care Ratings, bank credit to non-banking financial companies (NBFCs) expanded by Rs 99,000 crore in FY22, from FY21.

Bank credit to NBFCs rises 10 per cent to Rs 10.5 lakh cr in FY22: Report | The Financial Express

After a medium term correction, on last Thursday, CARE Ratings bounced back sharply, rallied over 3 percent. However, in this month so far, it is corrected over 11 percent.

Trade Spotlight | What should you do with RCF, CARE Ratings, Caplin Point on Friday?

The company has appointed S Vishwanathan as the new auditor, Care Ratings said in its latest ratings report. The ratings firm assigned a ‘BBB’ rating on the company’s ₹714 crore loans and placed it under “credit watch” with “negative implications”.

PwC resigns as auditor of Financial Software

CARE Ratings has moved ratings of the company’s instruments and facilities to “issuer not cooperating” category.

Future Retails slips 5% for 8th straight trading day; stock hits new low

Executive Director Mehul Pandya, ED, to take charge as will be interim CEO

Ajay Mahajan exits CARE Ratings

The board has accepted the resignation of Ajay Mahajan as the MD & CEO of the company due to personal reasons.

CARE Ratings slips 13%, nears 52-week low after MD & CEO resigns

Buzzing stocks: Wipro, Reliance Industries, Omaxe, Adani Enterprises, Tata Elxsi, Lasa Supergenerics, AU Small Finance Bank, Care Ratings, JK Agri Genetics, Mahindra Logistics, Indian Overseas Bank

Stocks that will see action on April 27, 2022

CARE Ratings has however seen a spate of resignations in the past two years with key officials demiting office requiring the company to recruit new executives. Sachin Gupta from CRISIL Rating joined as the new chief rating officer (CRO) among other senior appointments.

CARE Ratings’ Director and CEO, Ajay Mahajan, resigns

An independent inquiry has found former top executives of India’s CARE Ratings Ltd not guilty of potential misconduct, the company said in a regulatory filing on Tuesday.

Former chiefs of CARE Ratings found not guilty after misconduct inquiry

Credit Analysis and Research Limited is a credit rating agency. The Company's segments include Ratings and related services, and Others.

CARE Ratings Ltd

CARE Ratings Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

CARE Ratings revises credit rating of Punjab Alkalies’ bank facilities; stock slips ~1%

Bank credit to NBFCs rise 10% to ₹10.5 lakh crore in FY22: Care Ratings

Bank credit to NBFCs rises 10 per cent to Rs 10.5 lakh cr in FY22: Report | The Financial Express

Trade Spotlight | What should you do with RCF, CARE Ratings, Caplin Point on Friday?

PwC resigns as auditor of Financial Software

Future Retails slips 5% for 8th straight trading day; stock hits new low

Ajay Mahajan exits CARE Ratings

CARE Ratings Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

CARE Ratings revises credit rating of Punjab Alkalies’ bank facilities; stock slips ~1%

Bank credit to NBFCs rise 10% to ₹10.5 lakh crore in FY22: Care Ratings

Bank credit to NBFCs rises 10 per cent to Rs 10.5 lakh cr in FY22: Report | The Financial Express

Trade Spotlight | What should you do with RCF, CARE Ratings, Caplin Point on Friday?

PwC resigns as auditor of Financial Software

Future Retails slips 5% for 8th straight trading day; stock hits new low

Ajay Mahajan exits CARE Ratings

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock