ICRA reports net profit of Rs 4.36 crore in the March 2007 quarter
Sales reported at Rs 10.50 crore
ICRA reported net profit of Rs 4.36 crore in the quarter ended March 2007. Sales reported at Rs 10.50 crore in the quarter ended March 2007.
For the full year, net profit rose 27.47% to Rs 16.10 crore in the year ended March 2007 as against Rs 12.63 crore during the previous year ended March 2006. Sales rose 19.81% to Rs 39.79 crore in the year ended March 2007 as against Rs 33.21 crore during the previous year ended March 2006.
ICRA informed BSE that ICRA Techno Analytics has got its subsidiary incorporated in the US with the name ICRA Techno Analytics. And you know the rest !
Now, buy FGP Ltd. since it is having 37% Promoters' stake in the Company and the Promoters mean Foriegn Promoters, other shares are held by the Indian Public and others together. It looks attactive since it is having whopping 37% PROMOTERS" STAKE.
to tim tim where is timm tim ..look at the price of ICRA now its going low and low ..on what basis u have given 1325 ..study , give reason ..dont give your opininions without any logic
If ICRA is one of the rating agencies for new IPOs, just watch and see what it's value is going to be. Nobody insults "mai-baap" and gets away with it! That's one of the basic lesson.
ICRA should not be brought at current levels. It has lost its shine and upstream. Buy IFCI or crisil for short term instead. and Tanushree about 1 month target what you have quoted. That will be a 1 year target i guess. 1600 is just too far and it has already reached the volumes.
icra still an excellent stock.see where crisil and educomp is and decide urself. i am pretty sure it will ask companies to buy the stocks as its given rating to lot of them and has huge support from every company. my target 1450-1600 in 1 month. BUY BUY BUY ICRA
Sell ICRA at current levels. Buy ICRA only after a market crash where its going to list at around 600 mark. Those holding sell to make decent profits. ICRA has reached its peak, which was 1138. This price was taken as 1/3 rd of CRISIL price and thats how it fared. Dont buy unless there is a stake increase by promoter Moody in the stock.
I think icra will come to 600 levels once trading interest is over. At 600 levels it will trade at 40 times PE on FY'08 earnings. Dont buy freshly. It will be risky to buy.
Sell ICRA at current levels else be ready to book your losses. I have already made some loss expecting it to go up again by 20%. This was because the MF holding just sold all the shares at 1125 mark which they found to be a stop point.