13 Sept 2022 , 03:28 PM
Ind-Ra has affirmed a Stable outlook on such facilities.
Bank facilities reviewed by Ind-Ra include term loans worth Rs2,391 crore, and non-convertible debentures worth Rs250 crore.
As per the company, the rating on its commercial paper worth Rs500 crore has been affirmed at ‘IND A1+’.
At around 3.23 PM, Ceat Limited was trading 0.51% higher at Rs1,395.25 per piece, against the previous close of Rs1,388.15 on NSE. So far, it hit an intraday high and low of Rs1,398.80 and Rs1,376.25 respectively.
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