Ind-Ra upgrades ratings of Eveready Industries India Limited

India Ratings and Research (Ind-Ra) has upgraded the Eveready Industries India Limited's Long Term Credit Ratings to 'IND BBB-' from 'IND BB+'. The Outlook remains Positive.

The instrument-wise rating actions are as follows:

Term Loan : IND BBB- / Positive

Fund-based Limits

Long Term / Short Term : IND BBB- / Positive / IND A3

Non-fund based Limits

Long Term / Short Term : IND BBB- / Positive / IND A3

Shares of EVEREADY INDUSTRIES INDIA LTD. was last trading in BSE at Rs.217.2 as compared to the previous close of Rs. 208.35. The total number of shares traded during the day was 47524 in over 1135 trades.

The stock hit an intraday high of Rs. 219.2 and intraday low of 206.75. The net turnover during the day was Rs. 10150959.

Source : Equity Bulls

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