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CARE revises credit rating on bank facilities of PNC Infratech subsidiary; Stock up ~2%

2 Feb 2022 , 02:15 PM

CARE Ratings Limited has revised credit rating on the bank facilities of PNC Infratech Subsidiary, PNC Delhi Industrialinfra Private Limited. The rating on long-term bank facilities Rs37.13cr (Reduced from Rs45.03cr) has been revised to CARE A; Stable from CARE A-; Stable.

At around 2.18 pm, PNC Infratech Ltd was trading at Rs304.35 per share up by Rs5.4 or 1.81% from its previous closing of Rs298.95 per share on the BSE.

The scrip opened at Rs307.80 and has touched a high and low of Rs310.05 and Rs303.10 respectively.

Related Tags

  • CARE
  • credit rating
  • PNC Delhi Industrialinfra
  • PNC Indra stock price
  • PNC Infra news
  • PNC Infra rating
  • PNC Infra share price
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