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CARE assigns and reaffirms long-term credit ratings of Byke Hospitability

CARE BBB; Stable has been assigned to long-term bank facilities Rs17.69cr of the company and reaffirmed on the long-term bank facilities Rs20cr.

November 29, 2021 2:52 IST | India Infoline News Service
CARE Ratings has re-affirmed and assigned the ratings to Byke Hospitability Limited’s long-term bank facilities Rs37.69cr. The rating on long-term bank facilities Rs17.69cr has been assigned CARE BBB; Stable.

The credit rating agency has reaffirmed CARE BBB; Stable rating on the long-term bank facilities Rs20cr.

At around 2.56 pm, The Byke Hospitality Ltd was trading at Rs32.05 per piece down by Rs1.3 or 3.9% from its previous closing of Rs33.35 per piece on the BSE.

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