ICRA Ltd (ICRA) is currently trading at 4,488.70 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

ICRA Limited provides credit ratings, investment information, risk analytics, regulatory technology, banking software, capital-markets intelligence, ESG ratings, and related data-enabled services. Its operations serve banks, financial institutions, enterprises, investors, regulators, and global clients, with Moody’s remaining an important strategic relationship and anchor customer within the broader group. ICRA’s group revenues more than doubled from INR301 crore in FY21 to INR646.9 crore in FY26. During the same period, Ratings revenue grew at a 12.4% CAGR and operating margins expanded from 20.8% to 37.6%, demonstrating substantial operating improvement in the core business. Risk & Analytics has become approximately half of group revenue, compared with roughly one-third five years earlier. However, its profit contribution is lower because BankTech and CapTech are being deliberately scaled alongside the historically higher-margin KnowTech business, making diversification strategically positive but temporarily margin-dilutive. The integration of D2K and Fintellix was operationally completed by September 2026 after an intensive nine-month effort. ICRA is now organized around Knowledge Technology, Banking Technology, and Capital Markets Technology, with unified product roadmaps, customer service, people processes, and policies. Management is repositioning ICRA as an intelligence-as-a-service provider by combining proprietary data, software platforms, analytical models, consulting, and AI-enabled capabilities. International expansion in the United States, Europe, and the Middle East is planned through both organic development and potential acquisitions, although no specific financial guidance has been provided.

Over the past 52 weeks, ICRA Ltd has traded between a low of ₹4,199.25 and a high of ₹6,495.45. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

ICRA Ltd has a market capitalization of approximately 4,321.10. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

ICRA Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 21.54 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 4,321.10 Cr, ICRA Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

ICRA Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of ICRA Ltd is 21.54. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

ICRA said operational integration was complete at the end of September 2026 after nine months of work. The acquisitions had been completed in Q1 of the year, although legal-entity simplification remains in progress.

Bank-credit growth can support ratings activity when companies rely more on bank funding than bond issuance. ICRA cited 21.4% first-half bank-credit growth and said it expects the trend to remain buoyant in the second half.

ICRA said it gained 100% control of D2K about four to five months before its November 4, 2026 earnings call. ICRA had acquired D2K three years earlier with a 60% shareholding, while two sponsors remained invested. Management said the prior structure constrained the pace and extent of changes it could make.

ICRA reported consolidated revenue of Rs 177.86 crore in Q2 FY27, up 30.22% from Rs 136.58 crore in Q2 FY26.