CRISIL revises outlook on long term bank facilities of Hatsun Agro Product; Stock hits new high

The credit rating reaffirms the company’s long-term rating at CRISIL A+ and short-term rating at CRISIL Al.

Aug 30, 2021 04:08 IST India Infoline News Service

CRISIL Limited has revised credit rating on bank loan facilities availed by Hatsun Agro Product Limited.

The credit rating agency has revised the outlook on the long-term bank facilities of the company from ‘Stable’ to ‘Positive’ while reaffirming the long-term rating at CRISIL A+ and short-term rating at CRISIL Al.

The company stock was bullish on Monday and hit a new 52-week high of Rs1,128.80 per piece during intraday trade.

Hatsun Agro Product Ltd ended at Rs1,113.20 up by Rs69.05 per piece or 6.61% from its previous closing of Rs1,044.15 per piece on the BSE.

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