CRISIL assigns A1+ rating for Prism Johnson's Commercial Paper instrument

28 Mar 2022 , 11:17 AM

CRISIL Ratings Limited has assigned ‘CRISIL A1+’ Credit Rating for Rs200 crore Commercial Paper instrument of Prism Johnson Limited. “Instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations,” the company shared CRISIL’s letter in a filing on Saturday. 

At around 11.20 am, Prism Johnson Ltd was trading at Rs115.25 per piece down by Rs1.15 or 0.99% from its previous closing of Rs116.40 per piece on the BSE. The scrip opened at Rs115.90 and has touched a high and low of Rs116.65 and Rs115.10 respectively.