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CRISIL acquires 8.90% stake in CARE Ratings

29 Jun 2017 Evaluate

CRISIL has acquired 26,22,430 equity shares or 8.90% of CARE Ratings. The company has acquired the same at a price of Rs 1659.79 per share, on June 29, 2017.

CRISIL is a global analytical company providing ratings, research and risk & policy advisory services. It rates the entire range of debt instruments: bank loans, certificates of deposit, commercial paper, non-convertible debentures, bank hybrid capital instruments, asset-backed securities, mortgage-backed securities, perpetual bonds, and partial guarantees.

Peers
Company Name CMP
CRISIL 4399.90
ICRA 4298.85
Care Ratings 1536.90
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