ICRA reaffirms ratings of Indo Count Industries Ltd

ICRA Ratings ("Rating Agency") has reaffirmed the credit rating for Indo Count Industries Limited's bank facilities as under:

For the short term bank facilities - ICRA A1 (A one). The said credit rating signifies very strong degree of safety regarding timely servicing of financial obligations. Such facilities carry lowest credit risk.

For long term bank facilities - ICRA A+; Stable (Single A Plus; Outlook: Stable). The said credit rating signifies adequate degree of safety regarding timely servicing of financial obligations. Such facilities carry low credit risk.

Shares of INDO COUNT INDUSTRIES LTD. was last trading in BSE at Rs.156.35 as compared to the previous close of Rs. 156.5. The total number of shares traded during the day was 12179 in over 563 trades.

The stock hit an intraday high of Rs. 159.05 and intraday low of 153.4. The net turnover during the day was Rs. 1903117.

Source : Equity Bulls

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