Brickwork upgrades credit ratings of RPP Infra Projects; Stock ends flat

1 Feb 2022 , 04:10 PM

Brickwork Ratings has rated the total Rs364.57cr bank facilities of RPP Infra Projects Limited. The rating on long-term bank facilities (Fund-based) Rs63.07cr has been upgraded to BWR BBB/Stable.

On short-term bank facilities (Non-Fund based) Rs301.50cr, the credit rating has been upgraded to BWR A3+.

RPP Infra Projects Ltd ended at Rs65 per share up by Rs0.05 or 0.08% from its previous closing of Rs64.95 per share on the BSE.

The scrip opened at Rs65.20 and has touched a high and low of Rs66.80 and Rs64.45 respectively.