ICRA reaffirms ratings of IFGL Refractories Ltd

Based on a review of the latest developments, the Rating Committee of ICRA, after due consideration has reaffirmed the long-term and short-term Rating at [ICRA]AA­ (pronounced ICRA Double A Minus) and [ICRA)Al+ (pronounced ICRA A One Plus) ("Rating") to the Rs. 173 crore Bank Facilities of IFGL Refractories Limited. The outlook on the long-term rating is Stable.

Shares of IFGL Refractories Limited was last trading in BSE at Rs. 327.45 as compared to the previous close of Rs. 327.30. The total number of shares traded during the day was 4841 in over 303 trades.

The stock hit an intraday high of Rs. 339.30 and intraday low of 321.95. The net turnover during the day was Rs. 1594435.00.

Source : Equity Bulls

Keywords

IFGLRefractories INE133Y01011 RatingReaffirmed