CARE revises credit rating on bank facilities of PNC Infra subsidiary

The rating on long-term bank facilities Rs354.29cr of PNC Rajasthan Highways has been revised to CARE A with Stable outlook from CARE A-/ Stable.

Jan 11, 2021 11:01 IST India Infoline News Service

IT Stocks Up
CARE Ratings Limited has revised credit rating on the bank facilities of PNC Infratech Limited subsidiary, PNC Rajasthan Highways Private Limited. The rating on long-term bank facilities Rs354.29cr of PNC Rajasthan Highways has been revised to CARE A with Stable outlook from CARE A-/ Stable.

PNC Infratech Ltd ended at Rs192.30 per piece up by Rs0.15 or 0.08% from its previous closing of Rs192.15 per piece on the BSE.
The scrip opened at Rs194.75 and touched a high and low of Rs194.75 and Rs188 respectively during an intraday trade on Monday.

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