CRISIL reaffirms 'A1+' rating on short-term debt and CP of Sundram Fasteners

13 Jan 2022 , 01:52 PM

CRISIL Limited, a credit rating agency has reaffirmed the short-term debt and commercial paper (CP) rating of Sundram Fasteners Limited.

The credit rating agency reaffirmed the CRISIL A1+ rating on short-term debt Rs25cr instrument of the company. It also reaffirmed CRISIL A1+ rating on Commercial Paper Rs100cr.

At around 1.54 pm, Sundram Fasteners Ltd was trading at Rs906.60 per piece down by Rs1.6 or 0.18% from its previous closing of Rs908.20 per piece on the BSE.