Shahina Mukadam, Independent Market Expert is of the view that one may hold CARE.
Shahina Mukadam, Independent Market Expert told CNBC-TV18, "I would give a hold call on Credit Analysis and Research (CARE). As a debt market deepens, the business overall should improve for Care Ratings and I do think that the overall management is also pretty strong. So, it gives you a good portfolio stock for the long-term investor. Valuations are expensive though."
At 14:53 hrs Credit Analysis and Research was quoting at Rs 1,506, up Rs 2.35, or 0.16 percent.The share touched its 52-week high Rs 1,800 and 52-week low Rs 1,139 on 10 July, 2017 and 19 September, 2016, respectively.