Five-Star Business Finance Limited updates on rating

CARE Ratings Limited has upgraded the credit rating of the Bank Facilities of Five-Star Business Finance Limited to CARE AA-; Stable (Double A Minus; Outlook:Stable) and reaffirmed the rating of Commercial Paper of the Company as CARE A1+ (A One Plus) (CP outstanding as on date is Nil). The outlook on these long-term ratings is stable.

Shares of Five-Star Business Finance Limited was last trading in BSE at Rs. 599.55 as compared to the previous close of Rs. 590.10. The total number of shares traded during the day was 9936 in over 1099 trades.

The stock hit an intraday high of Rs. 602.00 and intraday low of 587.55. The net turnover during the day was Rs. 5926560.00.

Source : Equity Bulls

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FiveStarBusinessFinance NBFC INE128S01021 RatingUpdate Upgrade