CRISIL reaffirms bank loan facilities rating of Titan Company Ltd

CRISIL has reaffirmed ratings in respect of the total Bank Loan facilities of Rs. 2,850 crore of the Company with a Long Term Rating CRISIL AAA/Stable & Short Term Rating CRISIL A1+.

The Company has requested CRISIL to withdrawn its rating (CRISIL A1+) on the commercial paper of Rs. 500 crore. The withdrawal of rating is in line with CRISIL's withdrawal Policy.

Shares of Titan Company Limited was last trading in BSE at Rs.1003 as compared to the previous close of Rs. 986.35. The total number of shares traded during the day was 106485 in over 4451 trades.

The stock hit an intraday high of Rs. 1008 and intraday low of 986.55. The net turnover during the day was Rs. 106173518.

Source : Equity Bulls

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