Acuite reaffirms credit ratings of Hindustan Composites

13 Jan 2022 , 03:50 PM

Acuite Ratings & Research Limited has reaffirmed the credit rating on a total Rs25cr of Hindustan Composites Limited. The rating on long-term Instruments (fund-based facilities) Rs12cr has been reaffirmed at Acuite A-/Stable. For short-term instruments (non-fund-based facilities) Rs13cr Acuite A2+ has been reaffirmed. 

Hindustan Composites Ltd ended at Rs313.55 per share up by Rs0.4 or 0.13% from its previous closing of Rs313.15 per share on the BSE.

The scrip opened at Rs338 and has touched a high and low of Rs338 and Rs313 respectively.