ICRA updates on ratings of Dixon Technologies (India) Ltd

ICRA Limited ("ICRA"), has vide its letter dated 23rd November, 2020, revised the Long term rating and reaffirmed the short term rating as well as rating assigned to Commercial paper instrument.

Long Term - Revised and upgraded to [ICRA]AA- (pronounced ICRA double A minus) (erstwhile [ICRA]A+ Positive) - Outlook: Revised to "Stable" from "Positive".

Short Term - Re-affirmed as [ICRA]A1+

Commercial Paper - Re-affirmed as [ICRA]Al+

Shares of Dixon Technologies (India) Ltd was last trading in BSE at Rs.10861 as compared to the previous close of Rs. 10697.4. The total number of shares traded during the day was 1248 in over 665 trades.

The stock hit an intraday high of Rs. 10994.5 and intraday low of 10621.5. The net turnover during the day was Rs. 13517126.

Source : Equity Bulls

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