India's CARE Ratings jumps on Q4 profit rise

CARE Ratings

13/05/2025 06:16

** Shares of CARE Ratings CREI.NS rise 9% to 1,465.10 rupees

** Credit rating agency's Q4 consolidated profit jumps 76.9% Y/Y, revenue rises 21.6%

** Stock set for biggest one-day gain since late-January, and on track for three-day winning streak

** Trading vols at 600,000 shares, set for busiest day since October 2024

** CREI up ~6% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com))