Brickwork Ratings Private Limited (BWR), upon the request of Vipul Ltd, has assigned the ratings for the Bank Loan facilities to the tune of Rs. 395.67 Cr.
The Fund based limit - Long Term of Rs. 342.19 crore and the Non Fund Based - Short Term of Rs. 53.48 crore have been assigned BWR BBB-(SO) rating (Pronounced as BWR Triple B Minus (Structured Obligation)) / Outlook : Stable. The total rated facility is Rs. 395.67 crore (INR Three Hundred Ninety Five Crores and Sixty Seven Lakhs Only).
Based on the current financial position of the Company coupled with the relative market situation the rating has revised as BWR BBB-(SO) (Pronounced as BWR Triple B Minus (Structured Obligation)) Outlook: Stable.
Shares of VIPUL LTD. was last trading in BSE at Rs.33.7 as compared to the previous close of Rs. 34.5. The total number of shares traded during the day was 100 in over 2 trades.
The stock hit an intraday high of Rs. 33.7 and intraday low of 33.7. The net turnover during the day was Rs. 3370.