ICRA upgrades rating on bank facilities of HealthCare Global Enterprises; Stock up 1%

The credit rating agency has upgraded rating on long-term bank facilities Rs460.65cr to ICRA A+; Stable.

Sep 24, 2021 11:09 IST India Infoline News Service

ICRA Limited has upgraded the rating for the bank facilities Rs489.15cr of HealthCare Global Enterprises Limited by two levels. The credit rating agency has upgraded rating on long-term bank facilities Rs460.65cr to ICRA A+; Stable. The rating on short-term facilities Rs28.50cr has been upgraded to ICRA A1.

Previously, ICRA had rated the long-term bank facilities as A- with Outlook: Stable and short-term facilities as ICRA A2+.

At around 11.20 AM, Healthcare Global Enterprises Ltd was trading at Rs251.85 per piece up by Rs2.95 or 1.19% from its previous closing of Rs248.90 per piece on the BSE.

Related Story

Open Free Demat Account (Rs699)