Brickwork Ratings India Ltd assign rating to Sangal Papers Ltd

Brickwork Ratings India Ltd. (BWR) has assigned rating to Sangal Papers Ltd as BWR BBB- (Pronounced as BWR Triple B Minus), Outlook: Negative (Reaffirm) for Fund Based:- Cash Credit and Term Loan (o/s) and BWR A3 (Pronounced as BWR, A Three) (Reaffirm) for Non Fund Based:- Bank Guarantee and ILC/FLC.

Shares of SANGAL PAPERS LTD. was last trading in BSE at Rs.90 as compared to the previous close of Rs. 89.25. The total number of shares traded during the day was 3343 in over 14 trades.

The stock hit an intraday high of Rs. 91 and intraday low of 84.8. The net turnover during the day was Rs. 283799.

Source : Equity Bulls

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