ICRA updates on ratings of Relaxo Footwears Ltd

ICRA Ltd (ICRA) vide their letters dated July 04, 2022, has announced the following credit ratings of "Relaxo Footwears Limited" (the Company).

ICRA has retained long term rating of Rs. 140.00 crores on Fund based facilities of the Company at [ICRA] AA (pronounced as ICRA double A) with 'Positive' outlook.

The short term rating of Rs. 120.00 crore on Non fund based facilities of the Company is at [ICRA] A1+ (pronounced as ICRA A One Plus).

Shares of Relaxo Footwears Limited was last trading in BSE at Rs. 976.65 as compared to the previous close of Rs. 972.65. The total number of shares traded during the day was 10095 in over 1694 trades.

The stock hit an intraday high of Rs. 990.00 and intraday low of 966.60. The net turnover during the day was Rs. 9852522.00.

Source : Equity Bulls

Keywords

RelaxoFootwears INE131B01039 RatingUpdate