CRISIL Rating on the Rs.100 Crore Commercial Paper of Ramco Industries Limited

CRISIL Ratings has, after due consideration, reaffirmed its "CRISIL A1+" (pronounced as "CRISIL A one plus" rating) rating on the captioned debt instrument. Instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.

Shares of RAMCO INDUSTRIES LTD. was last trading in BSE at Rs.228.2 as compared to the previous close of Rs. 222.6. The total number of shares traded during the day was 3760 in over 200 trades.

The stock hit an intraday high of Rs. 230.55 and intraday low of 223.75. The net turnover during the day was Rs. 853653.

Source : Equity Bulls

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