Ind-Ra updates on ratings of JMC Projects India Limited

India Ratings & Research (Ind-Ra) vide its Press Release dated January 10, 2022 has reaffirmed the rating of Long Term Bank Facilities & Non-Convertible Debentures of the Company {outstanding amount: Rs. 220 Crore} as IND AA-/Stable (Double A minus / Outlook: Stable). It has assigned the rating to recently issued and allotted Non-Convertible Debentures of the Company {outstanding amount: Rs. 99 Crore} as IND AA- / Stable (Double A minus/Outlook: Stable). Further, it has reaffirmed the rating as IND Al+ (A One Plus) to Short Term Bank Facilities of JMC Projects (India) Limited.

Shares of JMC Projects (India) Limited was last trading in BSE at Rs. 102.55 as compared to the previous close of Rs. 105.55. The total number of shares traded during the day was 24610 in over 887 trades.

The stock hit an intraday high of Rs. 106.00 and intraday low of 101.75. The net turnover during the day was Rs. 2551570.00.

Source : Equity Bulls

Keywords

JMCProjectsIndia INE890A01024 JMCPROJECT RatingUpdate