Vaibhav Global Limited’s
credit rating for the Long term/Short term bank facilities for Rs158cr has been revised by CARE. The rating on long-term / short-term bank facilities Rs153cr was at CARE A; Stable / CARE A1, revised from CARE A-; Positive / CARE A2+.
The credit rating agency revised short-term bank facilities for Rs5cr of the company to CARE A1 from CARE A2+.
Ata round 11.10 AM, Vaibhav Global Ltd was trading at Rs778.80 per piece down by Rs22 or 2.75% from its previous closing of Rs800.80 per piece on the BSE.
The scrip opened at Rs796.10 and has touched a high and low of Rs805.40 and Rs774.35 respectively, during intraday trade on Friday.