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AYM Syntex jumps 5% after Ind-Ra affirms its credit ratings

The credit rating agency assigned Ind A rating on Term Loan (Rs1635.86 Mn) of the company with a Stable outlook.

June 03, 2021 12:15 IST | India Infoline News Service
India Ratings and Research (Ind-Ra) has affirmed ratings of AYM Syntex Limited. The credit rating agency assigned Ind A rating on Term Loan (Rs1635.86 Mn) of the company with a Stable outlook.

The rating on fund-based working capital limits Rs624.5 Mn was affirmed at IND A /Stable. On Non-fund based working capital limits Rs2030 Mn rating assigned was IND A1. For proposed working capital limits Rs645.4 Mn, the rating assigned was IND A/Stable/IND A1.

At around 12.17 PM, AYM Syntex Limited was trading at day's high of Rs74.60 per piece up Rs3.55 or 5.00% on the BSE. 

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