CRISIL Rating on the Rs. 1000 Crore Non Convertible Debentures of GIC Housing Finance Limited

CRISIL Ratings has, after due consideration, assigned a CRISIL AA+/Stable (pronounced as CRISIL double A plus rating with Stable outlook) rating to the captioned Debt instrument. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Shares of GIC HOUSING FINANCE LTD. was last trading in BSE at Rs.113.65 as compared to the previous close of Rs. 114.1. The total number of shares traded during the day was 18388 in over 333 trades.

The stock hit an intraday high of Rs. 115.7 and intraday low of 113.55. The net turnover during the day was Rs. 2108996.

Source : Equity Bulls

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