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CRISIL vs CARE

Discussion in 'Fundamental Analysis' started by chaitanya_mella, Oct 5, 2017.

  1. chaitanya_mella

    chaitanya_mella Contributor

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    Any views on CRISIL and CARE. CRISIL is trading near its support levels now. And the growth seems really good over the last few years. CARE also has fallen off from its highs and has been showing decent growth. Not considering ICRA. Seems expensive considering flat sales growth. But I could be wrong.


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    chaitanya_mella, Oct 5, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    CRISIL after falling 33% from its top is still trading at 12 times books. Too costly for me to consider still. As a sidenote, it has made a 3 year low. FII selling is eminent in this stock where the share holding pattern shows a reduction in FII holding of this stock at VRO https://www.valueresearchonline.com/stocks/shareholding_pattern.asp?code=827 My expectation is, it will break the support level.

    CARE is an avoid for me as it has no promoter holding.
     
    shabbir, Oct 5, 2017
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  3. chaitanya_mella

    chaitanya_mella Contributor

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    chaitanya_mella, Oct 5, 2017
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  4. bhat64

    bhat64 Apprentice

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    bhat64, Oct 6, 2017
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  5. chaitanya_mella

    chaitanya_mella Contributor

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    chaitanya_mella, Oct 6, 2017
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  6. bhat64

    bhat64 Apprentice

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    Price to book value is too high. That's why. Price to book is a better valuation metric for such companies instead of PE ratio.


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    bhat64, Oct 7, 2017
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  7. chaitanya_mella

    chaitanya_mella Contributor

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    chaitanya_mella, Oct 7, 2017
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