Informerics revises credit ratings of BCL Industries

The rating on long-term Bank Facility- Cash Credit is revised to IVR A/Stable from IVR A- I/Stable.

Aug 04, 2021 04:08 IST India Infoline News Service

IT Stocks Up
lnfomerics Valuation Industries Rating Pvt. Ltd has revised the credit ratings of BCL Industries Limited. The rating on long-term Bank Facility- Cash Credit is revised to IVR A/Stable from IVR A- I/Stable.

The credit rating agency revised the rating on long-term Bank Facilities - Term Loan to IVR A/Stable from IVR A- I/ Stable. On short-term Bank Facilities, the rating was revised to IVR A1 from IVR A2+. For Fixed Deposit IVR FA / Stable rating was revised from the previous rating of IVR FA-/Stable.

BCL Industries Ltd ended at Rs256.30 per piece up by Rs1.55 or 0.61% from its previous closing of Rs254.75 per piece on the BSE.

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