ICRA Ltd and CARE Ratings have reviewed Indo Count Industries Ltd's ratings as under:
ICRA has reaffirmed the long term rating as ICRA (AA minus) (pronounced ICRA double A minus). The outlook on the long term facilities has been revised to 'Stable' from 'Positive'.
CARE ratings has reaffirmed the long term bank facilities as CARE AA (pronounced double A) with outlook as 'Negative'.
The aforesaid credit ratings signify high degree of safety regarding timely servicing of financial obligations. Such facilities carry very low credit risk.
ICRA and CARE have reaffirmed rating for the short term bank facilities as ICRA A1+ and CARE A1+ respectively.
The aforesaid credit rating signify very strong degree of safety regarding timely payment of financial obligations. Such facilities carry lowest credit risk.
Shares of INDO COUNT INDUSTRIES LTD. was last trading in BSE at Rs.77.5 as compared to the previous close of Rs. 76.5. The total number of shares traded during the day was 8919 in over 128 trades.
The stock hit an intraday high of Rs. 77.7 and intraday low of 76.3. The net turnover during the day was Rs. 687655.