SME Round-Up: CARE Ratings
A worker inserts a sheet of dyed leather into a machine at the Jalandhar Leather (India) Pvt. tannery in Jalandhar. (Photographer: Dhiraj Singh/Bloomberg)

SME Round-Up: CARE Ratings

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

CARE Ratings Research Report

The monthly small and medium enterprise round-up provides an update on the capital market movement in the broad SME indices, upcoming initial public offerings in the SME space and key developments in the sector.

The report also takes a closer look at the credit growth in the micro, small and medium enterprises.

BSE SME IPO index has outperformed Nifty SME emerge index and both BSE Sensex and Nifty 50 index in June 2021.

Nifty SME emerge index closed 15.7% higher at month-end June 2021 while BSE SME IPO index closed ~27% higher by the month-end.

So far in FY22 (April-May 2021), incremental bank credit to the MSME sector has fallen sharply by 5.6% compared with a contraction of 1.7% in the corresponding period (April-May) last year.

Click on the attachment to read the full report:

CARE Ratings SME Round Up June 2021.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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