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CARE reaffirms AYM Syntex credit rating with outlook revised from Stable to Positive

The rating on long-term bank facilities has been reaffirmed at CARE A- and short-term rating at CARE A2+.

August 31, 2021 1:20 IST | India Infoline News Service
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CARE Ratings Limited has reaffirmed the rating of AYM Syntex Limited Rs471.88cr bank facilities with an outlook revised from Stable to Positive. The rating on long-term bank facilities Rs141.88cr has been reaffirmed at CARE A- and outlook revised from Stable to Positive.

The credit rating agency has also reaffirmed the company’s short-term rating on bank facilities Rs330cr at CARE A2+.

Ata round 1.22 pm, AYM Syntex Limited was trading at Rs88.50 per piece down Rs0.25 or 0.28% on the BSE.

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PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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