ICRA LAUNCHES EQUITY RESEARCH SERVICES
Credit Rating Agency (ICRA) launched its equity research service, through its wholly-owned
subsidiary, ICRA Online. The assessments by the agency will not specify any target price for the
shares evaluated, but will look into two key factors - Fundamental earning quality or fundamental
grade and relative valuation or valuation grade. The fundamental grades are on a five-point scale,
with 5 being the highest grade and one the lowest.
subsidiary, ICRA Online. The assessments by the agency will not specify any target price for the
shares evaluated, but will look into two key factors - Fundamental earning quality or fundamental
grade and relative valuation or valuation grade. The fundamental grades are on a five-point scale,
with 5 being the highest grade and one the lowest.
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