ICRA reaffirms ratings of REMSONS Industries Ltd

The Rating Committee of ICRA, has assigned the credit rating for Rs. 66.82 Crore of the Company's bank facilities as under:

- Long Term Rating of (ICRA) BBB- (pronounced ICRA triple B minus). Outlook on the long term rating is "Stable".

- Short Term Rating of (ICRA) A3 (pronounced ICRA A three).

Shares of Remsons Industries Limited was last trading in BSE at Rs. 241.45 as compared to the previous close of Rs. 243.30. The total number of shares traded during the day was 335 in over 33 trades.

The stock hit an intraday high of Rs. 244.95 and intraday low of 238.00. The net turnover during the day was Rs. 81256.00.

Source : Equity Bulls

Keywords

RemsonsIndustries INE474C01015 RatingUpdate Reaffirmed