ICRA-assigns Credit Rating in respect to the total Bank Loan facilities of the Company as under:
Total Bank Loan Facilities Rated - Rs.670 Crore
Long-Term Rating - ICRA BBB (Stable)
Short-Term Rating - ICRA A3+
ICRA has assigned credit rating as MA-(Stable) on Rs.30 crores for Fixed Deposits of the Company.
The 'Stable' outlook on the [ICRA]BBB rating reflects ICRA's expectation that BSL's long track-record, diversified product portfolio and established market presence in fibre-dyed yarn manufacturing will continue to support healthy utilisation of its installed capacities.
Shares of BANSWARA SYNTEX LTD. was last trading in BSE at Rs.69 as compared to the previous close of Rs. 68.4. The total number of shares traded during the day was 50 in over 7 trades.
The stock hit an intraday high of Rs. 71.95 and intraday low of 68.1. The net turnover during the day was Rs. 3442.