ICRA reaffirms rating of Ashiana Housing Ltd

ICRA has re-affirmed the long-term rating at [ICRA]A (Stable) (pronounced as ICRA A) for the following instruments/facilities:

- Rs. 20 Crores of Non-Convertible Debentures (NCDs) [ISIN: INE365D08018] issued in September 2018. Total amount of the NCDs outstanding as on 30th June 2022 was Rs. 2.43 Crores.

- Rs. 65.2 Crores (Originally issued Rs. 100 Crores in April 2018) of Non-Convertible Debentures (NCDs) [ISIN: INE365D07077]. Total amount of the NCDs outstanding as on 30th June 2022 was Rs. 8.20 Crores.

- Rs. 50 Crores Line of Credit of the company. There is no bank facility outstanding against the the said unallocated amount of Rs. 50 Crores.

Shares of Ashiana Housing Limited was last trading in BSE at Rs. 130.55 as compared to the previous close of Rs. 126.00. The total number of shares traded during the day was 2932 in over 184 trades.

The stock hit an intraday high of Rs. 132.70 and intraday low of 125.75. The net turnover during the day was Rs. 374895.00.

Source : Equity Bulls

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