Artson Engineering soars 5% after Ind-Ra affirms ratings on its bank facilities

The rating on fund-based facilities has been affirmed at IND AA-/Stable/IND A1+.

May 26, 2021 12:05 IST India Infoline News Service

Artson Engineering
India Rating and Research (Ind-Ra), a Fitch Group Company, has affirmed rating to the bank facilities of Artson Engineering Limited. 

The new rating on fund-based facilities has been affirmed at IND AA-/Stable/IND A1+. The credit rating agency affirmed AA-/Stable/IND A1+ rating on non-fund-based limits. On Term Loan, the rating was affirmed at IND AA-/Stable.

At around 12.52 PM, Artson Engineering Ltd was trading at Rs50.25 per piece up by Rs2.35 or 4.91% from its previous closing of Rs47.90 per piece on the BSE.
The scrip opened at Rs47.05 and has touched a high and low of Rs50.25 and Rs45.60 respectively during intraday trade on Wednesday.

Related Story

Open Free Demat Account (Rs699)