ICRA-assigned Credit Rating for Rs. 43.0 crore Bank Facilities of Indag Rubber Limited

The Rating Committee of ICRA, after due consideration, has reaffirmed the long-term rating at [ICRA] A (pronounced ICRA A) and short-term rating at [ICRA] A1 (pronounced ICRA A One) for the Rs 43.0 crore bank facilities of Indag Rubber Ltd. The Outlook on the long-term rating is 'Stable'.

Shares of INDAG RUBBER LTD. was last trading in BSE at Rs. 98.70 as compared to the previous close of Rs. 94.85. The total number of shares traded during the day was 6913 in over 62 trades.

The stock hit an intraday high of Rs. 101.15 and intraday low of 92.20. The net turnover during the day was Rs. 677937.00.

Source : Equity Bulls

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INDAGRUBBER INE802D01023 RatingUpdate Reaffirmed