ICRA reaffirms ratings of Maharashtra Seamless Limited

ICRA Ltd. has:

1) Reaffirmed long term credit rating at [ICRA] AA
2) Reaffirmed short-term credit rating at [ICRA] A1+
3) Revised outlook on long term credit rating to 'Positive' from 'Stable'

The rating of [ICRA]AA(Positive) / [ICRA]A1+ indicates high degree of safety regarding timely servicing of financial obligations and very low credit risk.

Shares of Maharashtra Seamless Limited was last trading in BSE at Rs. 1050.80 as compared to the previous close of Rs. 999.75. The total number of shares traded during the day was 13770 in over 1623 trades.

The stock hit an intraday high of Rs. 1071.25 and intraday low of 1030.10. The net turnover during the day was Rs. 14434767.00.

Source : Equity Bulls

Keywords

MaharashtraSeamless RatingUpdate Reaffirmed OutlookRevision Positive