ABC India Limited updates on credit rating

The rating for Long Term credit facilities from the Bankers of ABC India Limited have been reviewed and reaffirmed the existing rating as CARE BBB- (Triple B Minus; Outlook: Stable) and for Short Term credit facilities have been reviewed and reaffirmed the existing rating as CARE A3 (A Three) by rating agencies, viz. CARE Ratings Limited (Formerly known as Credit Analysis & Research Limited) as communicated vide their letter dated 13.10.2020.

Shares of ABC INDIA LTD. was last trading in BSE at Rs.53.2 as compared to the previous close of Rs. 48.6. The total number of shares traded during the day was 48 in over 5 trades.

The stock hit an intraday high of Rs. 54.5 and intraday low of 48. The net turnover during the day was Rs. 2546.

Source : Equity Bulls

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