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CARE Ratings reaffirms ratings of S Chand and Company Ltd

Posted On: 2019-07-17 21:04:58

CARE Ratings Limited has reviewed and reaffirmed the credit rating of S Chand and Company Ltd.

The rating on Long Term Bank Facilities of Rs. 105.00 crore (enhanced from Rs. 90 crore) has been reaffirmed as CARE A; Stable. [Single A / Outlook: Stable].

The rating on Short Term Bank Facilities of Rs. 3 crore has been reaffirmed as CARE A1 [A One].

Shares of S Chand and Company Ltd was last trading in BSE at Rs.72 as compared to the previous close of Rs. 71.9. The total number of shares traded during the day was 3172 in over 84 trades.

The stock hit an intraday high of Rs. 74 and intraday low of 70.75. The net turnover during the day was Rs. 228258.


Source: Equity Bulls

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