Brickwork Ratings reaffirm rating of Hi-Tech Pipes Limited

Brickwork Ratings has reaffirmed rating on Bank Loan Facilities of Hi-Tech Pipes Limited vide its rating rational letter dated 24.06.2022.

Total Bank Loan Facilities Rated - Rs. 429 Crores

Long Term - Rs. 332 Cr - Fund Based - BWR A- (Stable) Reaffirmed

Short Term - Rs. 97 Cr - Non Fund - BWR A2 - Reaffirmed

Shares of Hi-Tech Pipes Limited was last trading in BSE at Rs. 70.10 as compared to the previous close of Rs. 68.90. The total number of shares traded during the day was 68547 in over 1137 trades.

The stock hit an intraday high of Rs. 70.55 and intraday low of 69.20. The net turnover during the day was Rs. 4791344.00.

Source : Equity Bulls

Keywords

HiTechPipes INE106T01017 RatingUpdate