India Ratings revises Prism Johnson’s Outlook to Stable

India Ratings and Research Private Limited ('India Ratings') has revised its rating outlook on the long term debt instruments and other long term borrowings of PRISM JOHNSON LIMITED to 'Stable' from 'Positive', while affirming the ratings at 'IND A+'. There is no change in the ratings for Non-fund based working capital limits and Unsecured short term loans.

Since, the Company did not issue any Commercial Paper (CP), the rating given earlier has been withdrawn. However, for future CP issuance, the rating 'IND A+' has been assigned.

Shares of Prism Johnson Limited was last trading in BSE at Rs. 108.30 as compared to the previous close of Rs. 102.25. The total number of shares traded during the day was 132685 in over 2684 trades.

The stock hit an intraday high of Rs. 109.60 and intraday low of 101.20. The net turnover during the day was Rs. 14282228.00.

Source : Equity Bulls

Keywords

PrismJohnson INE010A01011 RatingRevision