CRISIL Rating for the Rs.40 Crore Fixed Deposit of Damodar Industries Limited

CRISIL Ratings has, after due consideration, upgraded the rating for the captioned Debt Programme to "FA-/Stable" (pronounced as F A minus rating with stable outlook). This rating indicates that the degree of safety regarding timely payment of interest and principal is satisfactory. Changes in circumstances can affect such issues more than those in the higher rated categories.

Shares of Damodar Industries Limited was last trading in BSE at Rs. 60.45 as compared to the previous close of Rs. 64.65. The total number of shares traded during the day was 10111 in over 274 trades.

The stock hit an intraday high of Rs. 64.35 and intraday low of 58.95. The net turnover during the day was Rs. 632067.00.

Source : Equity Bulls

Keywords

DamodarIndustries INE497D01022 RatingUpgrade FixedDeposit