CRISIL assigns ratings to debt instruments of Electrosteel Castings Limited

CRISIL Ratings Limited has, vide its letter dated 5 July, 2021, assigned the following ratings for the debt instruments/facilities of Electrosteel Castings Limited:

Total Bank Loan Facilities Rated - Rs. 2,320 Crore
Long Term Rating - CRISIL A+/Stable (Assigned)
Short Term Rating - CRISIL A1 (Assigned)

Shares of ELECTROSTEEL CASTINGS LTD. was last trading in BSE at Rs.39.6 as compared to the previous close of Rs. 38. The total number of shares traded during the day was 210108 in over 1293 trades.

The stock hit an intraday high of Rs. 39.85 and intraday low of 38.3. The net turnover during the day was Rs. 8261341.

Source : Equity Bulls

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