CARE reaffirms ratings of Orient Paper and Industries loan facilities

The Outlook has been revised from Stable to Negative for both the ratings.

Feb 17, 2021 04:02 IST India Infoline News Service

Orient Paper and Industries Limited, a proud member of one of the premier and most dynamic business houses of India, the C K Birla Group has informed about the revised credit ratings.

The Company has informed that the Care Ratings Limited has reaffirmed long term credit rating of the Company to CARE A+  and short-term credit rating of the Company CARE Al+

However, the Outlook has been revised from Stable to Negative for both the ratings.

Orient Paper & Industries Ltd ended at Rs21.80 apiece up by Rs0.15 or 0.69% from its previous closing of Rs21.65 apiece on the BSE.

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity