Ind-Ra downgrades Nile Ltd's rating

India Ratings and Research (Ind-Ra) has downgraded Nile Limited's (Nile) Long-Term Issuer Rating to 'IND BBB+' from 'IND A-'. The Outlook is Stable.

Shares of NILE LTD. was last trading in BSE at Rs.219.75 as compared to the previous close of Rs. 209.8. The total number of shares traded during the day was 4495 in over 110 trades.

The stock hit an intraday high of Rs. 223.5 and intraday low of 215. The net turnover during the day was Rs. 989375.

Source : Equity Bulls

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