ICRA-assigned Credit Rating of Rs. 50.00 crore Bank Facilities of EKI Energy Services Limited

The Rating Committee of ICRA, after due consideration, has assigned a long-term rating of [ICRA]BBB+ (pronounced ICRA triple B plus) and a short-term rating of [ICRA]A2 (pronounced ICRA A two) ("Rating(s)"). The outlook on the long-term rating is Stable. Instruments with [ICRA]BBB+ rating indicate a moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Shares of EKI Energy Services Ltd was last trading in BSE at Rs. 561.70 as compared to the previous close of Rs. 553.25. The total number of shares traded during the day was 31485 in over 1871 trades.

The stock hit an intraday high of Rs. 562.90 and intraday low of 553.25. The net turnover during the day was Rs. 17631605.00.

Source : Equity Bulls

Keywords

EKIEnergyServices INE0CPR01018 ConsultingServices RatingUpdate