• Call Our Support

  • Our Working Hours
    Mon - Sat: 9:30 am - 6 pm

Ind-Ra assigns ‘IND AA’ rating to Ceat Limited’s NCDs worth Rs150 crore; stock marginally up


India Scores & Analysis (Ind-Ra) has affirmed the ‘IND AA’ rankings to CEAT Limited’s financial institution amenities. Additional, it has additionally assigned an ‘IND AA’ score to its proposed NCDs price Rs150 crore.

Ind-Ra has affirmed a Secure outlook on such amenities.

Financial institution amenities reviewed by Ind-Ra embody time period loans price Rs2,391 crore, and non-convertible debentures price Rs250 crore.

As per the corporate, the score on its business paper price Rs500 crore has been affirmed at ‘IND A1+’.

At round 3.23 PM, Ceat Restricted was buying and selling 0.51% larger at Rs1,395.25 per piece, in opposition to the earlier shut of Rs1,388.15 on NSE. To this point, it hit an intraday excessive and low of Rs1,398.80 and Rs1,376.25 respectively.

For suggestions and solutions, write to us at [email protected]


Source link

Get Access To Free Mt4 Indicators & Much More