Saturday, November 15, 2008

Small cap stock worth investing: ICRA Limited:

ICRA (ICRA), an associate of Moody`s Investors Service, is primarily engaged in the business of providing investment Information and rating services. The company was incorporated on Jan. 16, 1991 and got its current name on Feb. 3, 1993.
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Market price as on 14.11.08 is Rs.399/-.
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Currently close to its real worth of Rs.400/- to 360/- and close to its yearly low of Rs.325/-, the stock is likely to vary between Rs. 350/- to 500/- during the year 2008. It is likely to be priced between Rs.1200/- to 1400/- during the year 2011-12 and about Rs. 3500/- to 4200/- during 2017-18. It is likely to yield a compounded yearly returns of over @ 26% p.a during the next 5-10 years.
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