CARE updates on ratings of Tamilnadu Petroproducts Limited

CARE Ratings Ltd. has vide letter dated 17th May 2021 assigned CARE A-; Stable (Single A Minus; Outlook: Stable) rating for Long Term Bank facilities of Rs. 120 crore for term funding. In addition to the above, CARE has also reaffirmed the previous ratings for Long Term/Short Term working capital limits of Rs. 119 crore.

Shares of TAMILNADU PETROPRODUCTS LTD. was last trading in BSE at Rs.92.85 as compared to the previous close of Rs. 86.75. The total number of shares traded during the day was 225258 in over 2023 trades.

The stock hit an intraday high of Rs. 95.3 and intraday low of 88.25. The net turnover during the day was Rs. 20805550.

Source : Equity Bulls

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