Care Ratings Ltd downgrades credit rating of Orient Paper & Industries Ltd

Care Ratings Limited has downgraded the Long term credit rating of the Company to CARE A; Stable (downgraded from Care A+; Negative) and Short term credit rating of the Company to CARE A1 (downgraded from Care A1+).

Shares of Orient Paper & Industries Limited was last trading in BSE at Rs. 24.31 as compared to the previous close of Rs. 24.03. The total number of shares traded during the day was 104762 in over 2385 trades.

The stock hit an intraday high of Rs. 24.92 and intraday low of 24.20. The net turnover during the day was Rs. 2568050.00.

Source : Equity Bulls

Keywords

OrientPaperandIndustries INE592A01026 RatingDowngrade CARE