Stock Report

ICRA reaffirms short term debt rating of Nahar Capital and Financial Services Ltd



Posted On : 2021-07-19 13:54:53( TIMEZONE : IST )

ICRA reaffirms short term debt rating of Nahar Capital and Financial Services Ltd

M/s. ICRA Limited in their letter dated 16th July, 2021 has reaffirmed the credit rating assigned for the proposed Short Term Debt / Commercial Paper Programme of the Company for Rs. 25 Crores at "[ICRA] Al+" (pronounced as ICRAA one plus) which is considered to have very strong degree of safety regarding timely payment of financial obligations and such instruments carry lowest credit risk.

Shares of NAHAR CAPITAL & FINANCIAL SERVICES LTD. was last trading in BSE at Rs.222 as compared to the previous close of Rs. 220.75. The total number of shares traded during the day was 15958 in over 787 trades.

The stock hit an intraday high of Rs. 230.4 and intraday low of 219.7. The net turnover during the day was Rs. 3594779.

Source : Equity Bulls

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