Acuite Ratings & Research Limited update on rating of Edelweiss Financial Services Limited

Acuite Ratings & Research Limited has assigned credit rating of 'ACUITE AA/Negative' for the proposed issuance of long term Secured Non-Convertible Debentures (NCDs) of Edelweiss Financial Services Limited.

"ACUITE AA rating indicate a High Safety, Very Low Credit Risk."

Shares of Edelweiss Financial Services Ltd. was last trading in BSE at Rs.74.6 as compared to the previous close of Rs. 75.6. The total number of shares traded during the day was 209568 in over 1296 trades.

The stock hit an intraday high of Rs. 76.9 and intraday low of 70.95. The net turnover during the day was Rs. 15635628.

Source : Equity Bulls

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