Ind-Ra affirms Commercial Paper rating of GHCL Limited

India Ratings & Research (Ind-Ra), one of the Credit Rating Agency, has affirmed IND A1+ to GHCL Limited for issuance of Commercial Paper (CP) of Rs. 1000 million, which shall be carved out of existing working capital facilities.

The Credit Rating Agency, has also affirmed IND A+ (Outlook Positive) to GHCL Limited for Issuer rating (Long Term).

Shares of GHCL LTD. was last trading in BSE at Rs.198.55 as compared to the previous close of Rs. 184.3. The total number of shares traded during the day was 123967 in over 2592 trades.

The stock hit an intraday high of Rs. 203.75 and intraday low of 184. The net turnover during the day was Rs. 24226005.

Source : Equity Bulls

Keywords