CARE reaffirms credit rating of Shree Cement; Stock trades marginally higher

23 Mar 2022 , 12:54 PM

CARE Ratings Limited has reaffirmed the credit rating of Shree Cement Limited. The credit rating agency has reaffirmed the rating on commercial paper Rs400 crore at CARE A1+.

At around 12. 56 pm, Shree Cement Ltd was trading at Rs23,387.30 per piece up by Rs22.2 or 0.1% from its previous closing of Rs23,365.10 per piece on the BSE.

The scrip opened at Rs23,590 and has touched a high and low of Rs23,658.75 and Rs23,377.05 respectively.