ICRA reaffirms long term rating of Ashiana Housing Ltd for NCDs

ICRA has re-affirmed the long-term rating at [ICRA]A (Stable) (pronounced as ICRA A) for the following instruments / facilities of Ashiana Housing Limited:
1. Rs. 20 Crores of Non-Convertible Debentures (NCDs) [ISIN: INE365D08018] issued in September 2018 and listed in BSE.

2. Rs. 65.2 Crores (Originally issued Rs. 100 Crores in April 2018) of Non-Convertible Debentures (NCDs) [ISIN: INE365D07077] and listed in BSE.

The outlook on the long-term rating of the above instruments / facilities is Stable.

Shares of ASHIANA HOUSING LTD. was last trading in BSE at Rs.140 as compared to the previous close of Rs. 139.9. The total number of shares traded during the day was 17797 in over 555 trades.

The stock hit an intraday high of Rs. 143 and intraday low of 136.5. The net turnover during the day was Rs. 2505001.

Source : Equity Bulls

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