IIFL Research's Stock Idea: Buy Crisil with Target ₹ 5290

IIFL Research has buy call on Crisil with a target price of Rs 5290. The current market price of Crisil is Rs 5195

About Crisil:

CRISIL (Credit Rating Information Services of India Limited) is a leading Indian analytical company providing ratings, research, and risk and policy advisory services. Listed on the National Stock Exchange of India (NSE), CRISIL offers independent and credible ratings for debt instruments issued by corporates, financial institutions, and governments. The company also provides research and analysis on industry trends, economic conditions, and financial markets. With a strong focus on risk management and policy advisory, CRISIL assists organizations in managing their risk exposure and developing sound financial strategies.

52 Week Price Trend:

CRISIL, a leading provider of ratings, research, and advisory services in India, currently trades at Rs. 5195. Over the past 52 weeks, the stock has experienced a significant fluctuation, reaching a high of Rs. 5250 and a low of Rs. 2971.5. The current price represents a moderate increase from the 52-week low, suggesting that the stock has exhibited recovery and resilience despite market uncertainties.

Stratzy's Analysis:

CRISIL's AAA rating from Stratzy's MOST framework suggests exceptional financial health and low fundamental risks. The company excels in all four pillars of Management, Outlook, Safety, and Trend, indicating strong leadership, positive industry prospects, a robust financial position, and a favorable market trend. This rating signifies CRISIL's stability and resilience, making it a highly reliable investment option.

Company's Fundamentals:

Crisil (NSE: CRISIL) stock currently trades at a trailing price-to-earnings (PE) ratio of 54.39, indicating that investors are willing to pay 54.39 times the company's annual earnings per share for its stock. Its price-to-book (PB) ratio of 16.36 suggests that the stock is currently trading at 16.36 times its book value, highlighting its relatively high valuation compared to its assets. Moreover, Crisil offers a modest dividend yield of 1.1%, which implies that investors can expect to receive an annual return of 1.1% in the form of dividends for every share they own.

Fundamental and Technical information provided in this blog were last updated on 16 Mar, 2024

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