ICRA assigned credit rating for Rs.425 crore Lines of Credit of Gokaldas Exports Limited

The Rating Committee of ICRA Limited, after due consideration, has upgraded the long-term rating for the Line of Credit (LOC) to [ICRA] A- (positive) from [ICRA] BBB (stable). The outlook has been revised to Positive from Stable.

Similarly, the Rating Committee of ICRA Limited has upgraded the short-term rating for the captioned LOC to [ICRA] A2+ from [ICRA]A3+.

Shares of Gokaldas Exports Limited was last trading in BSE at Rs. 310.80 as compared to the previous close of Rs. 315.45. The total number of shares traded during the day was 39025 in over 1573 trades.

The stock hit an intraday high of Rs. 315.85 and intraday low of 304.15. The net turnover during the day was Rs. 12066604.00.

Source : Equity Bulls

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GokaldasExports INE887G01027 GOKEX RatingUpgrade