Infomerics upgrades credit rating of Ganesh Benzoplast Ltd

The Credit Rating Agency "Infomerics Valuation and Rating Private Limited" has upgraded the credit rating assigned to Ganesh Benzoplast Ltd as under:

- Rating on Long Term Bank Facility - Fund Based, from "IVR BBB/Stable Outlook" to "IVR BBB+/Stable Outlook".

- Rating on Long Term/Short Term - Non-Fund Based, from "IVR BBB/Stable Outlook / IVR A3+" to IVRBBB+/Stable/IVR A2.

Shares of GANESH BENZOPLAST LTD. was last trading in BSE at Rs. 174.65 as compared to the previous close of Rs. 177.30. The total number of shares traded during the day was 113004 in over 1840 trades.

The stock hit an intraday high of Rs. 181.50 and intraday low of 174.00. The net turnover during the day was Rs. 20026897.00.

Source : Equity Bulls

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GANESHBENZOPLAST INE388A01029 RatingUpdate Upgrade