India's Crisil hits record high on Q4 profit jump

Crisil

19/02/2024 04:26

** Shares of Crisil  CRSL.NS  up as much as 8.7%, hitting a
record high of 5,011.2 rupees
    ** Posts biggest intraday pct gain since May 2022; on track
for fourth consecutive session of gains, if trend holds 
    ** Ratings, research and advisory services provider reported
about 33% YoY rise in consolidated net profit for Dec-qtr
    ** Revenue from operations up 11.6%
    ** Co also recommends final dividend of 28 rupees per share
    ** "In 2024, the expected soft landing of the global
economy could have a bearing on discretionary spends by global
clients," Managing Director and CEO, Amish Mehta, said in a
statement
    ** More than 136,000 shares change hands in early trade,
3.6x its 30-day avg


    
    
   

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))