The rating downgrade re" />
The rating downgrade re" />
Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

CRISIL downgrades rating on long-term bank facilities of BHEL

Posted On: 2021-06-18 16:57:57 (Time Zone: UTC)


CRISIL has downgraded the rating on the long-term bank facilities of the company from 'CRISIL AA/Negative' to "CRISIL AA-/Negative'. The rating on the short-term facilities has been reaffirmed at 'CRISIL Al+'.

The rating downgrade reflects weakening of the business and financial risk profile of BHEL, owing to significantly weaker-than-expected operating performance in fiscal 2021, and operating losses reported for the second consecutive year. The 'Negative' outlook factors in the likelihood that profitability may remain under pressure in fiscal 2022, amidst the ongoing pandemic, further weakening the credit risk profile.

Shares of BHARAT HEAVY ELECTRICALS LTD. was last trading in BSE at Rs.64.3 as compared to the previous close of Rs. 65.5. The total number of shares traded during the day was 8742374 in over 41267 trades.

The stock hit an intraday high of Rs. 67.5 and intraday low of 60.65. The net turnover during the day was Rs. 558336919.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

DJ Mediaprint and Logistics Ltd secures order from SBI

Cella Space Ltd to avail term loan of Rs. 42 crore against rental receivables

Emami Ltd increases stake in Helios Lifestyle to 48.49%

ABB India launches premium range of switches

Navkar Corporation Ltd Q1FY22 PAT climbs to Rs. 13.08 crore

Gujarat Poly Electronics Ltd Q1FY22 net profit at Rs. 34.82 lakhs

PCS Technology Ltd Q1FY22 consolidated net profit at Rs. 45.39 lakhs

EIMCO Elecon India Ltd posts consolidated PAT of Rs. 3.02 crore Q1FY22

Panama Petrochem Ltd Q1FY22 consolidated PAT at Rs. 58.07 crore

Moongipa Capital Finance Ltd posts Rs. 37.04 lakhs in Q1FY22

Vidhi Specialty Food Ingredients Ltd Q1FY22 consolidated net profit climbs to Rs. 13.40 crore

Shri Jagdamba Polymers Ltd Q1FY22 PAT soars to Rs. 16.36 crore

Arvind Ltd Q1FY22 consolidated loss at Rs. 8.35 crore

Cineline India Ltd Q1FY22 consolidated loss at Rs. 17.08 crore

Rain Carbon Opens State-of-the-Art Rubber Lab at Distillation and Advanced Materials Facility in Germany

Alembic Pharmaceuticals announces USFDA Final Approval for Clomipramine Hydrochloride Capsules USP; 25 mg, 50 mg, and 75 mg

IPCA Laboratories Ltd Q1FY22 consolidated net profit rises QoQ to Rs. 306.66 crores

TTK Healthcare Ltd Q1FY22 PAT drops QoQ to Rs. 5.99 crore

Caplin Point Laboratories Ltd Q1FY22 consolidated PAT at Rs. 70.85 crore

Kunstoffe Industries Ltd Q1FY22 net profit at Rs. 36.11 lakhs

Cera Sanitaryware Ltd posts Q1FY22 consolidated PAT of Rs. 12.20 crore

S V Global Mill Ltd Q1FY22 consolidated PAT at Rs. 17.61 lakhs

Aurionpro announces successful go-live of the project in Transit Business

Imagicaaworld launches Virtual Queuing App for Entertainment Parks

JSPL's Steel Sales rise 21% MoM in July 21

Indian Energy Exchange Ltd - July 2021 operating highlights

Aurionpro announces the launch of cloud based Lending Platforms

CESC's subsidiary emerges highest bidder for power distribution in Chandigarh

The Indigenous Aircraft Carrier (IAC) - 'Vikrant' proceeds for maiden sea trial

Novelis Reports First Quarter Fiscal 2022 Results

Nava Bharat Ventures Ltd reports consolidated PAT of Rs. 45.44 crores in Q1FY22

Thomas Cook India Ltd Q1FY22 consolidated loss at Rs. 83.43 crore

Tata Power-DDL empowers the residents of North Delhi's JJ cluster area

Tata Steel's West Bokaro Division onboards 16 women Heavy Earth Moving Machinery operators in a pathbreaking initiative

MitraClip implant at Apollo Hospitals saves 41-year-old farmer who waited 91 days for a heart transplant!

IndiGo celebrates its 15th Anniversary with special fares starting INR 915

Dr. Reddy's Laboratories announces sale of its U.S. and Canada territory rights for EL YXYB (celecoxib oral solution) 25 mg/ml

Reliance Industries Doubling PET recycling capacity

100+ Global Enterprises Take Advantage of Infosys Living Labs to Accelerate their Digital Innovation Agenda

Time Technoplast Ltd receives trial order from OMCs for Type-IV LPG composite cylinders

Blue Chip Tex Industries Limited board recommends dividend of Rs. 3

The Investment Trust of India Ltd Q1FY22 consolidated PAT at Rs. 62.93 lakhs

PDS Multinational Fashions Limited posts Rs. 53.89 crore consolidated PAT in Q1FY22

National Plastic Technologies Ltd Q1 FY2021-22 net profit at Rs. 99.66 lakhs

T T Ltd Q1FY22 PAT surges to Rs. 4.15 crore

Telesys Info-Infra India Ltd Q1FY22 net profit falls to Rs. 41.66 lakhs

Leading Leasing Finance and Investment Co. Ltd Q1FY22 net profit at Rs. 9.59 lakhs

Tasty Bite Eatables Ltd Q1FY22 PAT declines QoQ to Rs. 7.16 crore

Adani Total Gas Ltd Q1FY22 consolidated net profit at Rs. 142.58 crores

Cosmo Films Ltd reports rise in consolidated PAT to Rs. 86.72 crore during Q1FY22


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020