Texmo Pipes and Products hits 52-week high after Brickwork reaffirms credit rating

The company hit high of Rs28.70 after the rating agency reaffirmed its BWR BBB rating on fund based facilities.

Feb 05, 2021 12:02 IST India Infoline News Service

Brickwork Ratings India private Limited has reaffirmed Bank loan rating of Texmo Pipes and Products Limited as BWR BBB for fund based bank loan facilities.

The company stock saw buying on Friday and was trading at Rs27.60 per piece up by Rs2.9 or 11.74% from its previous closing of Rs24.70 per piece on the BSE (12.28 IST).
The scrip opened at Rs28 and has hit a new 52-week high of Rs28.70 per piece during intraday trade on Friday.

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