Infomerics downgrades Indian Acrylics Ltd's rating to default category

Infomerics Valuation and Rating Private Limited (Infomerics) has revised the credit rating for the credit facilities availed by Indian Acrylics Ltd for the Long-term Rating from IVR BB+ to IVR D (Single D) and for Short-term Rating from IVR A4+ to IVR D (Single D) on Bank loans and facilities of Indian Acrylics Limited.

Shares of INDIAN ACRYLICS LTD. was last trading in BSE at Rs. 10.88 as compared to the previous close of Rs. 11.24. The total number of shares traded during the day was 229307 in over 466 trades.

The stock hit an intraday high of Rs. 11.49 and intraday low of 10.80. The net turnover during the day was Rs. 2532361.00.

Source : Equity Bulls

Keywords

INDIANACRYLICS INE862B01013 RatingDowngrade