IFGL Refractories Ltd updates on rating

The Rating Committee of ICRA, after due consideration, has reaffirmed the long term rating of [ICRA] AA- (pronounced ICRA AA Minus) and short term rating of [ICRA] Al+ (pronounced ICRA A One Plus) assigned earlier to the Rs 173 crore Bank Facilities of IFGL Refractories Ltd, and has assigned a long term rating of [ICRA] AA-(pronounced ICRA AA Minus) and short-term rating of [ICRA] A1+ (pronounced ICRA A One Plus) to the captioned Bank Facilities ("Rating") of Rs. 100 crore Bank Facilities. The Outlook on the long-term rating is Stable.

Shares of IFGL Refractories Limited was last trading in BSE at Rs. 217.60 as compared to the previous close of Rs. 217.65. The total number of shares traded during the day was 1538 in over 96 trades.

The stock hit an intraday high of Rs. 220.00 and intraday low of 214.35. The net turnover during the day was Rs. 331999.00.

Source : Equity Bulls

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IFGLRefractories INE133Y01011 RatingUpdate