announced that the company’s credit ratings have been upgraded by Brickworks Ratings India. The rating company has upgraded the ratings of various debt instruments of the company (existing & unutilised).
Secured Non-Convertible Debentures and Subordinated Debt Instruments have been upgraded from BWR A+ (Outlook: Positive) to BWR AAA (Outlook: Stable).
Further, the Perpetual Debt Instruments (IPDI) have also been upgraded from BWR AA (Outlook: Positive) to BWR AA+ (Outlook: Stable).
Capital First in Monday’s trade closed at Rs 636 per share, up by Rs 0.7 per share or 0.1%.
The stock in a period of one year has delivered 69.96% returns, outperforming the BSE Mid-cap and Nifty Financial Services indices over the same time span.
Capital First Ltd is currently trading at Rs 632.05, down by Rs 3.25 or 0.51% from its previous closing of Rs 635.3 on the BSE.
The scrip opened at Rs 636 and has touched a high and low of Rs 637.2 and Rs 630 respectively. So far 25810(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 6188.83 crore.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 796.25 on 28-Jul-2016 and a 52 week low of Rs 368 on 08-Mar-2016. Last one week high and low of the scrip stood at Rs 673.2 and Rs 632.3 respectively.
The promoters holding in the company stood at 61.09 % while Institutions and Non-Institutions held 12.29 % and 26.62 % respectively.
The stock is currently trading above its 200 DMA.