CARE reaffirms credit ratings on bank facilities of PNC Infratech Subsidiary

9 Mar 2022 , 10:14 AM

CARE Ratings Limited has reaffirmed credit rating on the bank facilities of PNC Infratech Limited Subsidiary, PNC Gomti Highways Private Limited. The rating on long-term bank facilities Rs559.30 crore of PNC Gomti Highways has been reaffirmed at CARE A; Stable.

At around 10.16 am, PNC Infratech Ltd was trading at Rs239.85 per piece up by Rs0.25 or 0.1% from its previous closing of Rs239.60 per piece on the BSE.

The scrip opened at Rs245 and has touched a high and low of Rs245.60 and Rs239.10 respectively.