India's Care Ratings surges 13% on share buyback plan

CARE Ratings

13/07/2022 05:52

** Shares of credit ratings agency Care Ratings Ltd
 CREI.NS  rise as much as 13.15% to 469.50 rupees, their highest
since June 8
    ** Co said on Tuesday its board will consider a proposal for
shares buyback programme on July 20
    ** CREI did not provide the quantum of the buyback
    ** About 1.2 mln shares change hands, 32.6x 30-day avg of
35,365 shares
    ** Stock down 33% this year, as of last close


 (Reporting by Yagnoseni Das)
 ((yagnoseni.das@thomsonreuters.com))