ICRA-assigned Credit Rating for Rs. 176.00 crore bank facilities of Unichem Laboratories Limited

ICRA, the credit rating agency has reaffirmed the long-term rating on the Rs. 176 crs bank facilities of the Company to [ICRA] A (pronounced ICRA A). The outlook on the long term rating has been revised to negative from stable. This rating indicates to have adequate degree of safety regarding servicing of financial obligations. Such instruments carry low credit risk.

Shares of Unichem Laboratories Limited was last trading in BSE at Rs. 205.90 as compared to the previous close of Rs. 200.60. The total number of shares traded during the day was 9315 in over 808 trades.

The stock hit an intraday high of Rs. 207.35 and intraday low of 199.40. The net turnover during the day was Rs. 1895907.00.

Source : Equity Bulls

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UnichemLaboratoriesLimited INE351A01035 UNICHEMLAB Pharmaceuticals RatingUpdate