Rating cos rally as IL&FS cloud lifts after Sebi’s action

Mumbai: Shares of CRISILNSE -0.71 %, CARE RatingsNSE 1.97 % and ICRANSE 0.84 % have climbed lately after closure of the adjudication proceedings against these rating agencies in the IL&FS case.

These ‘undervalued’ stocks are poised to gain further, with the regulatory push for an active corporate bond market seen benef

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