CRISIL reaffirms credit ratings on bank facilities of Mahindra EPC Irrigation; Stock gains over 1%

10 Jan 2022 , 09:58 AM

CRISIL Limited has reaffirmed ratings on the total bank loan facilities Rs80cr of Mahindra EPC Irrigation Limited. The credit rating agency has reaffirmed the long-term rating of the company at CRISIL A+ / Stable.

The company stock was trading higher on Monday. At aeound 10.02 am, Mahindra EPC Irrigation Ltd was trading at Rs127.90 per piece up by Rs1.6 or 1.27% from its previous closing of Rs126.30 per piece on the BSE.

The scrip opened at Rs127 and has touched a high and low of Rs129.50 and Rs127 respectively.