Credit Analysis & Research Limited (CARE) has reviewed and reaffirmed the ratings of bank facilities and commercial paper issue as under:
- 'CARE AA+' [Double A Plus] for Long Term Bank Facilities of Rs.433.55 Crore (enhanced from Rs.349.57 Crore);
- 'CARE A1+' [A One Plus] for Short Term Bank Facilities of Rs.45 Crore; and
- 'CARE A1+' [A One Plus] for Commercial Paper Issue for an amount aggregating to Rs.100 Crore for a maturity not exceeding one year. (The Company has not issued Commercial Paper(s) during the FY 2017-18 and till date of current FY 2018-19).
Shares of GUJARAT ALKALIES & CHEMICALS LTD. was last trading in BSE at Rs.590 as compared to the previous close of Rs. 594.1. The total number of shares traded during the day was 14550 in over 696 trades.
The stock hit an intraday high of Rs. 601.45 and intraday low of 565.1. The net turnover during the day was Rs. 8475372.