The result was announced during trading hours on Tuesday, 7 February 2012. Shares of ICRA declined 0.54% to Rs 945.80 in a weak market that day.

Meanwhile, the BSE Sensex was up 76.97 points, or 0.44%, to 17,699.42.

On BSE, 2,605 shares were traded in the counter as against an average daily volume of 7,597 shares in the past one quarter.

The stock hit a high of Rs 965 and a low of Rs 955 so far during the day. The stock had hit a 52-week low of Rs 797.05 on 10 January 2012. The stock had hit a 52-week high of Rs 1,373.75 on 29 July 2011.

The stock had outperformed the market over the past one month until 7 February 2012, gaining 14.12% compared with the Sensex's 11.19% rise. The scrip had, however, underperformed the market in past one quarter, falling 3% as against 0.34% rise in the Sensex.

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

ICRA said consolidated operating revenues of its ratings business grew 22.94% to Rs 36.92 crore in Q3 December 2011 over Q3 December 2010. The company said the growth in rating services income during Q3 December 2011 was attributable to the expansion of bank loan ratings, besides corporate debt ratings.

ICRA is an independent and professional company providing investment information and credit rating services.