CARE Ratings has reaffirmed Tata Chemicals Limited
credit ratings. The credit rating agency has reaffirmed CARE AA+ with a Stable outlook for the company’s long-term bank facilities of Rs1,897cr and CARE A1+ for short-term bank facilities of Rs2,448cr.
At around 10.14 am, Tata Chemicals Ltd was trading at Rs748.30 up Rs25.45 or 3.52% from its previous closing of Rs722.85 per piece on the BSE.
The scrip opened at Rs723 and has touched a high and low of Rs749.05 and Rs723 respectively during intraday trade on Friday.