ICRA Limited has reaffirmed the rating assigned to Long Term Bank Facilities availed by the Company as [ICRA]A Stable (pronounced ICRA A Stable). Instruments / Facilities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments / facilities carry low credit risk. ICRA Limited has also reaffirmed the rating assigned to Short Term Bank Facilities and Commercial Paper as [ICRA1]A1 (pronounced ICRA A One). Instruments / Facilities with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments / facilities carry lowest credit risk.
Further, ICRA Limited has reaffirmed the rating assigned to Medium Term Instrument i.e. Fixed Deposits Programme of the Company as MA+ Stable (pronounced M A plus Stable). MA+ indicate adequate credit quality rating assigned by ICRA. The rated deposits carry average credit risk.
Shares of KEI INDUSTRIES LTD. was last trading in BSE at Rs.267.45 as compared to the previous close of Rs. 297.15. The total number of shares traded during the day was 14977 in over 1159 trades.
The stock hit an intraday high of Rs. 288 and intraday low of 267.45. The net turnover during the day was Rs. 4060625.