Stock Report

Cantabil Retail India Ltd updates on credit rating

Posted On : 2022-06-15 12:40:51( TIMEZONE : IST )

Cantabil Retail India Ltd updates on credit rating

Cantabil Retail India Limited (BSE: 533267NSE: CANTABIL), Incorporated in 1989 is in the business of designing, manufacturing, branding and retailing of apparels and accessories, has announced that ICRA has reviewed the bank Loan facilities as a part of its annual surveillance and assigned following ratings:

Long Term Rating: [ICRA] A- (Stable) (Revised)
Short Term Rating: [ICRA] A2+ (Revised)
Total Rated facilities - Rs. 60.00 Crores bank facilities

Commenting on this, Mr. Vijay Bansal, (Chairman & Managing Director) of Cantabil Retail India Limited said, "It gives me joy to share that our Company's ratings have been revised upward and that we have been consist in paying all the dues and interests on time. We have also repaid entire longterm loan as of 31stMarch 2022 and are a debt free Company now. We are consistently moving towards our ever-evolving goals to make this Company better each day. All this has been possible with support from our stakeholders and our team."

Shares of Cantabil Retail India Limited was last trading in BSE at Rs. 1129.50 as compared to the previous close of Rs. 1128.20. The total number of shares traded during the day was 205 in over 99 trades.

The stock hit an intraday high of Rs. 1149.45 and intraday low of 1110.05. The net turnover during the day was Rs. 231919.00.

Source : Equity Bulls


CantabilRetailIndiaLimited INE068L01016 533267 CANTABIL OtherApparelsandAccessories