India Ratings updates on rating of Patel Integrated Logistics Ltd

India Ratings & Research Private Ltd (India Ratings), a Fitch Group Company vide their letter received by us on 08.03.2021 has informed long term credit rating 'IND BBB-' for Company's fund based borrowings, finance lease and term loan (outlook stable) and 'IND A3+ rating for its short term non fund based borrowings from the banks and 'IND tA-' (outlook revised to stable from negative) for its Fixed Deposit Programme.

Shares of PATEL INTEGRATED LOGISTICS LTD. was last trading in BSE at Rs.23.65 as compared to the previous close of Rs. 23.5. The total number of shares traded during the day was 3586 in over 54 trades.

The stock hit an intraday high of Rs. 24.2 and intraday low of 22.3. The net turnover during the day was Rs. 84388.

Source : Equity Bulls

Keywords