Remsons Industries Ltd updates on credit rating

The Rating Committee of ICRA, has assigned the credit rating for Rs. 66.82 Crore of Remsons Industries Ltd's bank facilities as under:

Long Term Rating of (ICRA) BBB- (pronounced ICRA triple B minus). Outlook on the long term rating is "Stable".

Short Term Rating of (ICRA) A3 (pronounced ICRA A three)

Shares of Remsons Industries Limited was last trading in BSE at Rs. 199.25 as compared to the previous close of Rs. 202.70. The total number of shares traded during the day was 175 in over 16 trades.

The stock hit an intraday high of Rs. 202.90 and intraday low of 199.20. The net turnover during the day was Rs. 35303.00.

Source : Equity Bulls

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RemsonsIndustries INE474C01015 RatingUpdate