CARE Ratings surges 7%, hits 52-week high in subdued market

Shares of CARE Ratings hit a 52-week high of Rs 677.15, as they rallied 7 per cent on the BSE in Thursday’s intra-day trade in an otherwise subdued market. The stock of rating agency surpassed its previous high of Rs 652.95, touched on January 14, 2022. In comparison, the S&P BSE Sensex was down 0.03 per cent at 60,086 at 09:54 AM.

In past one month, the stock has outperformed the market by surging 20 per cent, as compared to 3 per cent decline in the Sensex. While, in past three months, it has soared 32 per cent, as