CARE updates on ratings of Panama Petrochem Ltd

CARE Ratings Limited has upgraded / reaffirmed the ratings on the Bank Facilities of Panama Petrochem Limited, as under:

- Revised/upgraded the rating on long term bank facilities to CARE A+; Stable from CARE A; Stable

- Reaffirmed the rating on short term bank facilities to CARE A1.

Shares of Panama Petrochem Limited was last trading in BSE at Rs. 263.45 as compared to the previous close of Rs. 269.75. The total number of shares traded during the day was 4843 in over 605 trades.

The stock hit an intraday high of Rs. 273.90 and intraday low of 262.35. The net turnover during the day was Rs. 1290842.00.

Source : Equity Bulls

Keywords

PanamaPetrochem INE305C01029 RatingUpdate