Stock Report

CRISIL updates on rating of Pilani Investment and Industries Corporation Ltd



Posted On : 2022-01-15 19:31:35( TIMEZONE : IST )

CRISIL updates on rating of Pilani Investment and Industries Corporation Ltd

CRISIL Ratings Limited ("CRISIL") vide its letter dated 14th January, 2022 has assigned Long-term Rating pertaining to Non-Convertible Debentures of Pilani Investment and Industries Corporation Limited for INR 100 Crores as CRISIL AA / Stable (Pronounced as ""CRISIL double A rating with Stable Outlook").

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Shares of Pilani Investment and Industries Corporation Limited was last trading in BSE at Rs. 1919.25 as compared to the previous close of Rs. 1918.40. The total number of shares traded during the day was 889 in over 190 trades.

The stock hit an intraday high of Rs. 1934.00 and intraday low of 1913.55. The net turnover during the day was Rs. 1707475.00.

Source : Equity Bulls

Keywords

PilaniInvestmentandIndustriesCorporation INE417C01014 RatingUpdate