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Acuite reaffirms credit ratings of Apollo Microsystems; Stock trades flat

10 Jan 2022 , 02:16 PM

Acuite Research

Acuite Rating & Research Limited has reaffirmed the credit ratings assigned to total bank facilities Rs195cr of Apollo Microsystems Limited. The credit rating agency assigned ACUITE BBB- with a stable outlook for long-term instruments and ACUITE A3 for short-term instruments of the company. 

At around 2.20 pm, Apollo Micro Systems Ltd was trading at Rs168.75 per share up by Rs0.6 or 0.36% from its previous closing of Rs168.15 per share on the BSE.

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