CRISIL Ratings on the Rs.6 Crore Commercial Paper of Munjal Showa 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 MUNJAL SHOWA LTD. was last trading in BSE at Rs.159 as compared to the previous close of Rs. 157.7. The total number of shares traded during the day was 2621 in over 116 trades.

The stock hit an intraday high of Rs. 159 and intraday low of 157. The net turnover during the day was Rs. 413828.

Source : Equity Bulls

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