Crisil revises Rating of Electrosteel Castings NCD programme to Stable

CRISIL has revised the outlook for Electrosteel Castings Ltd's Non Convertible Debenture programme from 'Negative' to 'Stable' as follows :

Rs 1.00 Billion Non-Convertible Debenture : AA/Stable (Outlook revised from Nagative)

Rs 0.90 Billion Non-Convertible Debenture : AA/Stable (Outlook revised from Nagative)

Rs 1.50 Billion Short-Term Debt Programme : P1+(Reaffirmed)

Source : Equity Bulls

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