ICRA : Expensive but worth investing at CMP of 2600

You would be buying indirectly shares of Moody's -a Nasdaq listed company which has major holding in the credit rating company.Expect more business for the company as the economy improves.In case Moody's increases the stake a strong reason for stock price to rise and also if whenever it gets  share holders could get abnormal returns.Advised for long term investor at CMP.
Immediate target in short term is 3200

14-11-2014 : Q2 Results are slightly disappointing investor should continue hold