CRISIL upgrades rating on long-term bank facilities of Chambal Fertilisers and Chemicals

The rating on Rs8573.56cr bank loan facilities of the company has been upgraded to AA+ from AA and changed outlook from Positive to Stable.

Apr 15, 2021 10:04 IST India Infoline News Service

Chambal Fertilisers
CRISIL Ratings Limited has upgraded the long term rating for the bank loan facilities of Chambal Fertilisers and Chemicals Limited. The credit rating agency upgraded the CRISIL AA rating to CRISIL AA+ and changed the outlook from Positive to Stable on Rs8573.56cr on long-term bank loan facilities of the company. 

At around 10.14 am, Chambal Fertilisers & Chemicals Ltd was trading at Rs227.05 per piece up Rs1.70 or 0.75% from its previous closing of Rs225.35 per piece on the BSE.
The scrip opened at Rs225.35 and has touched a high and low of Rs229 and Rs223.65 respectively during intraday trade on Thursday so far. 

Related Story

Open Free Demat Account (Rs699)