ICRA upgrades rating of H G Infra Engineering Ltd

ICRA Limited ("ICRA") has upgraded the long-term facilities rating to [ICRA]AA- (pronounced ICRA double A minus) from [ICRA]A+ (pronounced ICRA A plus) and upgraded the short term facilities rating to [ICRA]A1+ (pronounced ICRA A one plus) from [ICRA]A1 (pronounced as ICRA A one). ICRA has also upgraded the long term rating to [ICRA]AA- from [ICRA]A+ for the Rs. 97.00 crore non-convertible debentures of the company. The outlook on the rating has been revised to 'Stable' from 'Positive'.

Shares of H.G. Infra Engineering Limited was last trading in BSE at Rs. 663.30 as compared to the previous close of Rs. 592.25. The total number of shares traded during the day was 100986 in over 6458 trades.

The stock hit an intraday high of Rs. 675.00 and intraday low of 590.30. The net turnover during the day was Rs. 65074775.00.

Source : Equity Bulls

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