Bricwork Ratings has revised the credit rating assigned to the secured Non-convertible Debenture Programme of Rs. 50 crores of Edelweiss Financial Services Limited from 'BWR AA +' to 'BWR AA' with the outlook remaining unchanged as 'Negative'. 'BWR AA' rating indicates high degree of safety regarding timely servicing of financial obligation. Such instruments carry very low credit risk.
As of date, no debt is outstanding pursuant to this rating and, accordingly, the rating remains unutilized.
Shares of Edelweiss Financial Services Ltd. was last trading in BSE at Rs.124.75 as compared to the previous close of Rs. 104.7. The total number of shares traded during the day was 818108 in over 8916 trades.
The stock hit an intraday high of Rs. 125.6 and intraday low of 104.6. The net turnover during the day was Rs. 96061669.