CRISIL assigns A- rating on long-term facilities of DFM Foods; stock gains over 1%

The credit rating agency has assigned a short-term rating of CRISIL A2+ on total bank loan facilities of the company rated Rs100cr.

Feb 16, 2021 11:02 IST India Infoline News Service

CRISIL has assigned the long-term rating of CRISIL A- with stable outlook and short-term rating of CRISIL A2+ on total bank loan facilities rated Rs100cr of DFM Foods Limited.

The company said in a regulatory filing on Monday that earlier CRISIL had given long term credit rating (BBB+) which was withdrawn in October 2018.

DFM Foods Ltd  was trading at Rs402.05 per piece up by Rs5.35 or 1.35% from its previous closing of Rs396.70 per piece on the BSE.

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