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CARE improve outlook of Stylam Industries

5 Apr 2022 , 03:24 PM

CARE Ratings has improved the outlook of Stylam Industries Limited. The rating on long-term bank facilities has been upgraded from CARE A-; Positive to CARE A; Stable. The rating on short-term bank facilities has been upgraded from CARE A2 to CARE A2+.

Towards close of trade on Tuesday, Stylam Industries Ltd was trading at Rs1,033 per share down by Rs15.55 or 1.48% from its previous closing of Rs1,048.55 per share on the BSE.

The scrip opened at Rs1,069.15 and has touched a high and low of Rs1,095 and Rs1,030 respectively. So far 49,819 (NSE+BSE) shares were traded on the counter.

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