CRISIL Limited has reaffirmed the credit ratings of Crompton Greaves Consumer Electricals Limited
. The credit rating agency has reaffirmed AA+ rating with a Stable outlook on Rs300cr and Rs180cr programs of NonConvertible Debentures (NCDs).
It has reaffirmed AA+/Stable rating on long-term bank loan facilities of Rs330cr. The rating on short-term bank loan facilities has been reaffirmed at A1+.
Crompton Greaves Consumer Electricals Ltd was trading at Rs410.15 per piece up Rs0.20 or 0.05% from its previous closing of Rs409.95 per piece on the BSE at around 10.39 am. The stock touched a day's high of Rs418.10 per piece on Friday morning.