India Ratings affirms GHCL at 'IND AA-'/Stable & its CP at 'IND A1+'

On November 22, 2022, India Ratings & Research (a Fitch Group Company), one of the Credit Rating Agency, has affirmed GHCL Limited's Long-Term Issuer Rating to 'IND AA- Stable' (Double A Minus with Stable Outlook).

The said Credit Rating Agency, has also affirmed 'IND A1+' (Single A One Plus) to GHCL Limited for issuance of Commercial Paper (CP) of Rs. 1000 million, which shall be carved out of existing working capital facilities.

Shares of GHCL Limited was last trading in BSE at Rs. 577.95 as compared to the previous close of Rs. 576.05. The total number of shares traded during the day was 15773 in over 849 trades.

The stock hit an intraday high of Rs. 586.15 and intraday low of 570.25. The net turnover during the day was Rs. 9132336.00.

Source : Equity Bulls

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