CRISIL reaffirms rating on the Rs. 5 Crore Non Convertible Debentures of Eimco Elecon India Limited

CRISIL has, after due consideration, reaffirmed its "CRISIL A" (pronounced as CRISIL A rating) rating for the captioned debt instrument, and revised the outlook to Negative from Stable. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

Shares of EIMCO ELECON (INDIA) LTD. was last trading in BSE at Rs.338 as compared to the previous close of Rs. 344.4. The total number of shares traded during the day was 1381 in over 192 trades.

The stock hit an intraday high of Rs. 348.5 and intraday low of 337.05. The net turnover during the day was Rs. 472766.

Source : Equity Bulls

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