The Credit Rating Agency 'India Ratings and Research' (Ind-Ra), has revised the Long-Term issuer rating as 'IND BBB+' from 'IND A-'. The Outlook is Stable.
The rating on Term Loans of INR 1,553.3 mn (increased from INR710.7 mn) has been downgraded to IND BBB+/Stable.
The rating on Non-fund-based working capital limits of INR850 mn (increased from INR725 mn) has been downgraded to IND BBB+/Stable / IND A2+.
The rating on Non-fund-based working capital limit of INR350 mn (increased from INR150 mn) has been downgraded to IND A2+.
Shares of OMAX AUTOS LTD. was last trading in BSE at Rs.41.6 as compared to the previous close of Rs. 39.65. The total number of shares traded during the day was 3150 in over 7 trades.
The stock hit an intraday high of Rs. 41.6 and intraday low of 41.6. The net turnover during the day was Rs. 131040.