Crisil coming out of Cold; Looks Bold.
Crisil limited is an Indian analytical company providing ratings, research, risk and policy advisory services. Crisil operates in wide range of essential financial products for a wide range of market segments. CMP – 3044.50. Negatives of the company are that they have high valuation (P.E = 38.7), declining quarterly net profit, declining annual net profit and decreasing net cash flow. Positives of the company are that they have no debt, zero promoter pledge, improving book value per share, FIIs and MFs are increasing stake. Entry in the stock can be taken after closing above 3095. Targets will be 3190 and 3306. Stop loss in the company should be maintained at closing below 2940.
Happy Candles Investment
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