CRISIL reaffirms credit rating of Kopran Ltd and its subsidiary

CRISIL Limited has reaffirmed credit rating for Bank Loan Facilities of Kopran Limited and its 100 percent Subsidiary, Kopran Research Laboratories Limited as under:

Kopran Ltd

Total Bank Loan Facilities Rated - Rs.98.5 Crore
Long-Term Rating - CRISIL BBB/Positive (Outlook Revised from 'Stable' and Rating Reaffirmed)
Short-Term Rating - CRISIL A3+ (Reaffirmed)

Kopran Research Laboratories Limited (Subsidiary Company):

Total Bank Loan Facilities Rated - Rs.63 Crore (Enhanced from Rs.62 Crore)
Long-Term Rating - CRISIL BBB/Positive (Outlook Revised from 'Stable' and Rating Reaffirmed)
Short-Term Rating - CRISIL A3+ (Reaffirmed)

Shares of KOPRAN LTD. was last trading in BSE at Rs.91 as compared to the previous close of Rs. 88.55. The total number of shares traded during the day was 37442 in over 468 trades.

The stock hit an intraday high of Rs. 91.55 and intraday low of 87.45. The net turnover during the day was Rs. 3370030.

Source : Equity Bulls

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