CRISIL Rating on the Rs.2347 Crore CNCRPS of Sundaram-Clayton Ltd

CRISIL Ratings has, after due consideration, assigned a CRISIL A1+ (pronounced as CRISIL A one plus rating) rating on the debt instrument Rs.2347 Crore Cumulative Non-Convertible Redeemable Preference Shares. Instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.

Shares of Sundaram Clayton Limited was last trading in BSE at Rs. 4760.60 as compared to the previous close of Rs. 4738.40. The total number of shares traded during the day was 525 in over 204 trades.

The stock hit an intraday high of Rs. 4814.50 and intraday low of 4725.00. The net turnover during the day was Rs. 2495742.00.

Source : Equity Bulls

Keywords

SundaramClayton INE105A01035 RatingUpdate CNCRPS