CARE upgrades ratings on bank facilities of Rolex Rings

The rating on long-term bank facilities of the company has been upgraded to CARE BBB -; Stable.

Sep 03, 2021 04:09 IST India Infoline News Service

CARE Ratings has upgraded the ratings on bank facilities of Rolex Rings Limited. The rating on long-term bank facilities of the company has been upgraded from CARE BB; Stable to CARE BBB -; Stable. The rating on short-term bank facilities has been upgraded from CARE A4 to CARE A3. 

Rolex Rings Ltd ended at Rs1,078 per piece down by Rs5.5 or 0.51% from its previous closing of Rs1,083.50 per piece on the BSE.

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