CARE reaffirms Shree Cement's commercial papers rating to 'A1+'

9 Jan 2023 , 12:52 PM

Shree Cement Limited has informed to the exchanges regarding reaffirmation of credit ratings by CARE Ratings Limited.

As per the filing, Rating Agency i.e. CARE Ratings Limited has reaffirmed the rating of the commercial papers worth Rs400 crore of the Company to CARE A1+.

At around 12:57 PM, Shree Cement was trading at Rs23,751.25 per share lower by Rs62.55 or 0.26% as against previous closing price of Rs23,813.80 per share on the BSE.

On Monday morning trade, the scrip opened at Rs23,999.95 per share and touched an intraday high and low of Rs24,034.95 per share and Rs23,747.05 per share on the BSE.

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