Acute Ratings & Research re-affirms Future Retail’s credit rating; stock up 1%

The ratings for Commercial Paper has been reaffirmed as Acute A4 while for the NCDs the ratings has been re-affirmed as Acute C.

Sep 18, 2020 11:09 IST India Infoline News Service

Future Retail Limited informed the exchanges on Thursday that credit rating agency, Acute Ratings & Research Limited, has reaffirmed the rating for its commercial paper and Non-Convertible Debentures (NCDs)

The ratings for Commercial Paper has been reaffirmed as Acute A4 while for the NCDs the ratings has been reaffirmed as Acute C.

Future Retail Ltd is currently trading at Rs101.20, up by Rs1.25 or 1.25% from its previous closing of Rs99.95 on the BSE.
The scrip opened at Rs100.50 and has touched a high and low of Rs102 and Rs99.35 respectively.

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