OTHER GROUP COMPANIES
market

ICRA reaffirms ratings on Gulf Oil Lubricants credit facilities; Stock trades higher

The rating on fund-based limits long-term Rs142cr has been reaffirmed at ICRA AA (Stable).

September 08, 2021 12:07 IST | India Infoline News Service
Gulf Oil Lubricants India
ICRA has reaffirmed the ratings of the Long term fund-based limits and short-term Non-Fund based enhanced limits of Gulf Oil Lubricants India Limited, aggregating to Rs562cr.

The rating on fund-based limits long-term Rs142cr has been reaffirmed at ICRA AA (Stable). On non-fund-based limits short-term Rs400cr, ICRA A1+ rating has been reaffirmed.

The credit rating agency has also assigned ICRA A1+ rating on non-fund-based limits short-term Rs20cr (additional limit).

At around 12.06 PM, Gulf Oil Lubricants India Ltd was trading at Rs612.15 per piece up by Rs2.85 or 0.47% from its previous closing of Rs609.30 per piece on the BSE.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account

  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity