Acuite assigns BBB- rating with Stable outlook on Best Agrolife credit facilities

The long-term rating instrument was for Fund Based-Cash Credit facilities from Punjab National Bank of Rs37cr.

May 04, 2021 09:05 IST India Infoline News Service

Acuite Ratings & Research Limited has assigned its ratings to Best Agrolife Limited. The credit rating agency assigned Acuite BBB- with Stable Outlook rating long-term rating for Fund Based-Cash Credit facilities from Punjab National Bank of Rs37cr. 

Ata round 9.56 am, Best Agrolife Limited was trading at Rs374.80 down Rs5.65 or 1.49% on the BSE.  The company stock opened at Rs390.65 per piece on Tuesday and started falling down.

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