Acuite Ratings upgrades ratings of Zim Laboratories Ltd

Acuite Ratings & Research Limited ("ACUITE") has revised(upgraded) its ratings on the bank facilities of Zim Laboratories Ltd as follows:

Total Bank Loan Facilities - Rs. 125.50 crore

Long Term Rating - ACUITE BBB-/ Outlook: Stable (Upgraded from ACUITE BB+/Stable)

ACUITE A3 - Short Term Rating (Upgraded from ACUITE A4+)

Shares of ZIM Laboratories Limited was last trading in BSE at Rs. 142 as compared to the previous close of Rs. 142. The total number of shares traded during the day was 890 in over 12 trades.

The stock hit an intraday high of Rs. 144.5 and intraday low of 142. The net turnover during the day was Rs. 127477.

Source : Equity Bulls

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