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Shares of ICRA were up nearly 3% at Rs 3,412 after hitting a record high of Rs 3,512 after the credit rating agency's net profit for the quarter ended December 2014 was up 21% at Rs 18 crore helped by strong growth in other income.
Income from operations during the quarter was up nearly 8% to Rs 83 crore compared with Rs 77crore in the same quarter last fiscal.
Other income during the quarter surged to Rs 2.25 crore compared with just Rs 23 lakh in the corresponding quarter last year.
The stock opened at Rs 3,429 and touched a high of 3,512. At 12:40PM, over 6,300 shares were traded on both the stock exchanges.
