CRISIL assigns BBB rating on ITL Industries bank facilities, outlook Stable

The credit rating agency also assigned a short-term rating of CRISIL A3+ on the company's bank facilities.

Jun 14, 2021 03:06 IST India Infoline News Service

CRISIL has assigned ratings on Rs24.35cr total bank facilities of ITL Industries Limited.

The credit rating agency assigned the long-term rating of CRISIL BBB with a Stable outlook. It also assigned a short-term rating of CRISIL A3+ on the company's bank facilities.

ITL Industries Ltd trade on Monday ended at Rs127.70 per piece down by Rs1.15 or 0.89% from its previous closing of Rs128.85 per piece on the BSE.
The scrip opened at Rs132 and has touched a high and low of Rs135 and Rs121.15 respectively during intraday trade on Monday.

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