The rating agency ICRA Limited has reaffirmed the credit ratings of Graphite India Ltd.
The rating on Rs. 720 crore fund based and non fund based bank facilities availed by the company at ICRA AA+ for the long term and at ICRA A1+ for the short term. The outlook on the long term rating is stable.
The non-convertible debenture of Rs. 100 crore has been assigned ICRA AA+ and the rating on commercial paper / short-term debt of Rs. 70 crore has been assigned ICRA A1+.
Shares of GRAPHITE INDIA LTD. was last trading in BSE at Rs.112.5 as compared to the previous close of Rs. 115.1. The total number of shares traded during the day was 62267 in over 978 trades.
The stock hit an intraday high of Rs. 115.1 and intraday low of 111. The net turnover during the day was Rs. 7009321.