OTHER GROUP COMPANIES
market

CARE revises ratings on bank facilities of TIL; Stock tumbles 6.5%

The revision in rating assigned to the bank facilities of TIL Limited takes into account ongoing delays in debt servicing due to stretched liquidity position.

November 26, 2021 2:37 IST | India Infoline News Service
Business-Graph
TIL Limited has informed to the exchanges that CARE Ratings agency revised the rating of long-term and short-term bank facilities of the Company.

Long-term and short-term rating has been revised to CARE D revised from CARE B+/Negative/A4.

The revision in rating assigned to the bank facilities of TIL Limited takes into account ongoing delays in debt servicing due to stretched liquidity position.

At around 2:37 PM, TIL Ltd was trading at Rs139.70 apiece down by Rs9.75 or 6.52% on the BSE.

OPEN A DEMAT ACCOUNT & Get FREE Benefits worth 10,000

OPEN A DEMAT ACCOUNT & Get
FREE Benefits worth 10,000

STOCK VIEW

PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

FEATURED ARTICLE

BLOGS

Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

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