India Ratings & Research, one of the Credit Rating Agency, has assigned highest rating IND A1+ to GHCL Limited for issuance of Commercial Paper of Rs. 1000 million, which is yet to be issued and shall be carved out of the existing working capital of the Company.
The CP proceeds will be used for fulfilling working capital requirements / refinancing of debt / bridge finance / capital expenditure.
Shares of GHCL LTD. was last trading in BSE at Rs.252.85 as compared to the previous close of Rs. 251.05. The total number of shares traded during the day was 3033 in over 96 trades.
The stock hit an intraday high of Rs. 253 and intraday low of 250. The net turnover during the day was Rs. 762430.