India Ratings & Research Private Limited ('India Ratings & Research') - the credit rating agency has vide its letter dated 22nd November, 2019, has revised the Credit Ratings of IVP Limited ('the Company'):
- India Ratings & Research has revised the Credit Rating of Long-term/Short-term bank facilities from 'IND BBB-/Stable/lND A3' to 'IND BBB-/Negative/lND A3' for Rs. 1190 million limit of Fund-Based Facilities of the Company.
- India Ratings & Research has reaffirmed the Credit Rating of IND A3 (Short-term bank facilities) for Rs. 500 million limit of Non-Fund Based Facilities of the Company.
Shares of IVP LTD. was last trading in BSE at Rs.60.05 as compared to the previous close of Rs. 59.35. The total number of shares traded during the day was 825 in over 43 trades.
The stock hit an intraday high of Rs. 62.3 and intraday low of 60.05. The net turnover during the day was Rs. 51341.