CARE reaffirms D.B. Corp rating to CARE AA+ with stable outlook

Short-term rating is also reaffirmed as CARE A1+.

Sep 30, 2020 12:09 IST India Infoline News Service

D. B. Corp Limited intimated the exchanges that credit rating agency CARE Ratings has reaffirmed the long-term and short-term ratings of its bank facilities.

The ratings of Fund Based long-term bank facilities long-term Rs148.25cr (enhanced from Rs135cr) remain CARE AA+ with Stable outlook.

Non Fund Based long-term rating Rs151cr (reduced from Rs185cr) remains CARE AA+ with Stable outlook and short-term rating is also reaffirmed as CARE A1+.

D B Corp Ltd is currently trading at Rs77.70, down by Rs0.15 or 0.19% from its previous closing of Rs77.85 on the BSE.

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