The announcement was made after market hours yesterday, 13 August 2015.

Meanwhile, the BSE Sensex was up 141.99 points, or 0.52%, to 27,691.52.

On BSE, so far 243 shares were traded in the counter, compared with an average volume of 363 shares in the past one quarter.

The stock hit a high of Rs 4,150 and a low of Rs 3,950 so far during the day. The stock hit a record high of Rs 4,992.85 on 10 April 2015. The stock hit a 52-week low of Rs 2,501.55 on 17 November 2014.

The stock had underperformed the market over the past one month till 13 August 2015, falling 1.78% compared with 1.47% fall in the Sensex. The scrip had, however, outperformed the market in past one quarter, falling 0.82% as against Sensex's 1.10% rise.

The mid-cap company has an equity capital of Rs 10 crore. Face value per share is Rs 10.

ICRA is a full-service credit ratings agency. It is majority held by Moody's Group, which has 50.06% stake in the company.