ICRA reaffirms rating of Acknit Industries Ltd

Based on a review of the latest developments, the Rating Committee of ICRA, after due consideration, has reaffirmed the long-term rating of Acknit Industries Ltd at [ICRA]BBB (pronounced ICRA triple B) ("Rating"). The Rating Committee of ICRA, after due consideration has also reaffirmed the short-term rating at [ICRA]A3+ (pronounced ICRA A three plus). The outlook on the long-term rating is Stable.

Shares of ACKNIT INDUSTRIES LTD. was last trading in BSE at Rs. 140.85 as compared to the previous close of Rs. 140.90. The total number of shares traded during the day was 170 in over 8 trades.

The stock hit an intraday high of Rs. 140.90 and intraday low of 138.15. The net turnover during the day was Rs. 23762.00.

Source : Equity Bulls

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ACKNITINDUSTRIES INE326C01017 RatingUpdate Reaffirmed