CRISIL updates on ratings of Angel One Ltd

CRISIL Ratings Limited ("CRISIL"), has enhanced the quantum for bank loan facilities and commercial paper of Angel One Limited and reaffirmed its ratings on the long-term bank facilities, short-term bank facilities and commercial paper of the Company and further it has assigned rating on long term principal protected market linked debentures as below:

Total Bank Loan Facilities Rated - Rs.4500 Crores (Enhanced from Rs. 1500 Crores)

Long Term Rating - CRISIL AA-/Stable (Reaffirmed)

Short Term Rating - CRISIL A1+ (Reaffirmed)

Rs.750 Crores Commercial Paper (Enhanced from Rs.500 Crores) - CRISIL A1+ (Reaffirmed)

Rs.100 Crore Long Term Principal Protected Market Linked Debentures - CRISIL PPMLD AA-r/Stable (Assigned)

Shares of Angel Broking Limited was last trading in BSE at Rs. 1284.25 as compared to the previous close of Rs. 1312.35. The total number of shares traded during the day was 91663 in over 5560 trades.

The stock hit an intraday high of Rs. 1307.85 and intraday low of 1250.00. The net turnover during the day was Rs. 117250328.00.

Source : Equity Bulls

Keywords

AngelOne INE732I01013 RatingUpdate BankFacilities CommercialPaper