CARE Ratings Limited has revised the credit facilities (Rs221.41cr) availed by Shiva Texyarn Limited
. The rating on long-term bank facilities Rs111.41cr has been revised to CARE BBB; Stable from CARE BBB-; Stable.
The rating on long/short-term bank facilities Rs70cr has been revised to CARE BBB; Stable / CARE A3+ from CARE BBB-; Stable / CARE A3. On short-term bank facilities, Rs40cr CARE A3+ rating has been revised from CARE A3.
Shiva Texyarn Ltd ended at Rs236.20 per piece up by Rs17.1 or 7.8% from its previous closing of Rs219.10 per piece on the BSE.
The scrip opened at Rs223.50 and touched a high and low of Rs241 and Rs220.90 respectively.