ICRA assigned Credit Rating for Rs. 500 crore Line of Credit of Ramco Industries Limited

The Rating Committee of ICRA, after due consideration has retained a long-term Rating of [ICRA]AA- (pronounced ICRA double A minus) and a short-term Rating of [ICRA]A1+ (pronounced ICRA A one plus) ("Rating"). The outlook on the long-term rating remains 'Stable'.

Shares of Ramco Industries Limited was last trading in BSE at Rs. 221.35 as compared to the previous close of Rs. 218.10. The total number of shares traded during the day was 3355 in over 355 trades.

The stock hit an intraday high of Rs. 223.00 and intraday low of 217.60. The net turnover during the day was Rs. 736696.00.

Source : Equity Bulls

Keywords

RamcoIndustries INE614A01028 RatingUpdate