ICRA revises bank loan ratings of Som Distilleries & Breweries; Stock gains 1%

The short-term rating has been revised to A3 by ICRA after the announcement of Q3 FY2021 results.

Feb 24, 2021 03:02 IST India Infoline News Service

Som Distilleries & Breweries Ltd has informed the exchange that ICRA has revised the bank loan rating facilities of the Company.

The long-term bank loan rating of the Company has been revised to BBB-
The short-term rating has been revised to A3 by ICRA after the announcement of Q3 FY2021 results.

Som Distilleries & Breweries was currently trading at Rs33 apiece up by Rs0.5 or 1.54% from its previous closing of Rs32.50 apiece on the BSE, at around 3:20 PM

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