Soars As Fitch expresses Interest – Care Ratings

On Monday in the early hours Care Rating stock was traded higherand is the company is at the center of a bidding war between Fitch and Crisil.

As per reports the in just a few days after Crisil bought a 8.8 % stakein Care Ratings, and a Fitch is also looking to buy stocks in Care Ratings.

In talk with the investors the Crisil owned by the Standard and Poor's and it include LIC to acquire stakes in Care ratings.

On BSE the stock in the early hours the traded soared a whopping8.30% at Rs. 1,707.00 per share.
The company it has a good ROE track record of 3 years at 27.69%, and it is also maintaining a dividend of 101.34%.

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