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India Ratings & Research upgrades ratings of India Glycols Ltd

Posted On: 2018-01-08 19:45:58


India Ratings & Research(Ind-Ra), credit rating Agency, has upgraded India Glycols Ltd's Long-term Issuer Rating to 'IND BBB+' from 'IND BBB' and the Outlook is stable. The instrument-wise ratings are as follows:

The rating on Fund-based Limit has been upgraded to IND BBB+/Stable/IND A2. The Non Fund based Limit rating has been upgraded to IND A2. The Term Loan rating has been upgraded to IND BBB+/Stable.

Shares of INDIA GLYCOLS LTD. was last trading in BSE at Rs.550.7 as compared to the previous close of Rs. 507.45. The total number of shares traded during the day was 491492 in over 9187 trades.

The stock hit an intraday high of Rs. 559.9 and intraday low of 511.45. The net turnover during the day was Rs. 265468814.


Source: Equity Bulls

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