Salzer Electronics Ltd updates on credit ratings

CRISIL has reviewed Salzer Electronics Ltd's bank Loan facilities as a part of its annual surveillance and assigned following ratings:

Long Term Rating : CRISIL A/Stable (Reaffirmed)
Short Term Rating : CRISIL A1 (Reaffirmed)

Total Rated facilities - Rs.534.62 Crores, increased from Rs.410.62 Crores, rated previously.

Shares of Salzer Electronics Limited was last trading in BSE at Rs. 814.20 as compared to the previous close of Rs. 825.75. The total number of shares traded during the day was 10689 in over 1021 trades.

The stock hit an intraday high of Rs. 833.35 and intraday low of 802.30. The net turnover during the day was Rs. 8708279.00.

Source : Equity Bulls

Keywords

SalzerElectronics INE457F01013 RatingUpdate Reaffirmed