Brickwork Ratings India Private Limited has reaffirmed the rating for bank loan facilities of Aarvee Denims & Exports Limited
The rating on fund-based working capital Rs292.68cr long-term has been reaffirmed to BWR B +/ Stable. The credit rating agency also reaffirmed the rating on NF-based working capital Rs19.29cr short-term at BWR A4.
At around 10.42 AM, Aarvee Denims & Exports Ltd was trading at Rs18.15 per piece down by Rs0.85 or 4.47% from its previous closing of Rs19 per piece on the BSE.
The scrip opened at Rs18.10 and has touched a high and low of Rs19 and Rs18.10 respectively.