OTHER GROUP COMPANIES
market

Ind-Ra assigns A- rating on Khaitan Chemicals and Fertilisers bank facilities

On Fund Based Working Capital Limit Rs170cr, IND A- / Stable / IND A2+ rating was assigned.

January 04, 2022 11:15 IST | India Infoline News Service
IT Stocks Up
India Ratings & Research has assigned the rating of A- in respect of Khaitan Chemicals and Fertilisers Limited banking facilities. Earlier it was BBB+, assigned by Brick Work Ratings India Private Limited.

The long-term Issuer Rating assigned to the company was IND A- / Stable. On Fund Based Working Capital Limit Rs170cr, IND A- / Stable / IND A2+ rating was assigned.

The credit rating agency assigned IND A- / Stable / IND A2+ on Non-Fund Based Working Capital Limit Rs134.40cr. For Term Loan Rs11.25cr, IND A- / Stable rating was assigned.

At around 11.18 am, Khaitan Chemicals & Fertilizers Ltd was trading at Rs66.10 per piece up by Rs0.45 or 0.69% from its previous closing of Rs65.65 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