Brickwork reaffirms rating of Punjab -; Sind Bank bonds; Stock gains ~2%

7 Apr 2022 , 12:01 PM

Brickwork Ratings has reaffirmed the rating of Punjab & Sind Bank worth Rs237.30 crore bonds. The credit rating agency has reaffirmed BWR AA (Negative) rating on Basel III Tier II Bonds. 

At around 12.05 pm, Punjab & Sind Bank was trading at Rs17.15 per share up by Rs0.3 or 1.78% from its previous closing of Rs16.85 per share on the BSE.

The scrip opened at Rs16.95 and has touched a high and low of Rs17.60 and Rs16.55 respectively. So far 8,63,853 (NSE+BSE) shares were traded on the counter.