ICRA-assigned Credit Rating for Rs. 62.15 crore bank facilities of TajGVK Hotels & Resorts Limited

Based on a review of the latest developments, the Rating Committee of ICRA, after due consideration has upgraded the long-term rating of TajGVK Hotels & Resorts Limited to [ICRA]A (pronounced ICRA A) from [ICRA]A- (pronounced ICRA A Minus) ("Rating"). The Rating Committee of ICRA, after due consideration has reaffirmed the short-term rating at [ICRA]A2+ (pronounced ICRA A Two Plus). The outlook on the longterm rating is Stable.

Shares of Taj GVK Hotels & Resorts Limited was last trading in BSE at Rs. 242.60 as compared to the previous close of Rs. 234.50. The total number of shares traded during the day was 85516 in over 2558 trades.

The stock hit an intraday high of Rs. 249.00 and intraday low of 235.70. The net turnover during the day was Rs. 20919490.00.

Source : Equity Bulls

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TajGVKHotelsandResorts INE586B01026 RatingUpgrade