CARE updates on credit rating of Religare Broking Ltd

Religare Broking Limited (RBL), a wholly owned subsidiary of Religare Enterprises Limited has been assigned with a credit rating CARE A3 (A Three) for its short term bank facilities of upto Rs. 350 Crores from CARE Ratings Limited, on December 23, 2021. RBL already has the existing credit rating of [ICRA] A4@ - 'on watch with negative implications' from ICRA.

Shares of Religare Enterprises Limited was last trading in BSE at Rs. 133.80 as compared to the previous close of Rs. 138.55. The total number of shares traded during the day was 69632 in over 1215 trades.

The stock hit an intraday high of Rs. 142.15 and intraday low of 133.05. The net turnover during the day was Rs. 9415706.00.

Source : Equity Bulls

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ReligareEnterprises INE621H01010 ReligareBroking RatingUpdate