ICRA Ltd (ICRA.BO)
|Market Cap (Mil.):||Rs25,886.50|
|Shares Outstanding (Mil.):||10.00|
Reuters Market Eye - Shares of rating agencies surge after Moody's said in a statement it raised its stake in ICRA Ltd to 50.06 percent after an open offer.
* Shares of India's rating agencies surge after Moody's said in a statement it raised its stake in ICRA Ltd to 50.06 percent after an open offer. * Moody's acquisition has sparked hopes of foreign investor interest in other local rating agencies too, dealers say. * ICRA jumps 13.1 percent after earlier marking record high at 2,780 rupees, Credit Analysis and Research surges 3.7 percent, having earlier touched a record high at 1,102 rupees while Crisil Ltd is up 0.5 percent. (abhishek.vishnoi@