ICRA assigs Credit Rating for Fortis Healthcare Limited's subsidiaries

The Rating Committee of ICRA, after due consideration, has revised the long-term rating for the Line of Credit (LOC) of Rs. 28.50 crore of SRL Limited from [ICRA] A- (pronounced ICRA A Minus) to [ICRA] A (pronounced ICRA A). The Rating Committee of ICRA has also reaffirmed the short-term rating for the captioned LOC at [ICRA] A1 (pronounced ICRA A One). The ratings are under watch with developing implications.

The Rating Committee of ICRA, after due consideration, has revised the long-term rating for the Line of Credit (LOC) of Rs. 17.00 crore of SRL Diagnostics Private Limited from [ICRA] A- (pronounced ICRA A Minus) to [ICRA] A (pronounced ICRA A). The Rating Committee of ICRA has also reaffirmed the short-term rating for the captioned LOC at [ICRA] A1 (pronounced ICRA A One). The ratings are under watch with developing implications.

Shares of FORTIS HEALTHCARE LTD. was last trading in BSE at Rs.154.4 as compared to the previous close of Rs. 152.3. The total number of shares traded during the day was 60857 in over 850 trades.

The stock hit an intraday high of Rs. 157.5 and intraday low of 148.1. The net turnover during the day was Rs. 9372138.

Source : Equity Bulls

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