CRISIL Rating Limited has assigned the credit rating of Damodar Industries Limited for the total bank loan facilities Rs270 crore. The credit rating agency upgraded the long-term rating to CRISIL BBB-/Stable from CRISIL BB+/Stable.
The short-term rating has been upgraded to CRISIL A3 from CRISIL A4+. For Fixed deposit Rs40 crore FA- / Stable rating has been assigned.
At around 11.18 AM, Damodar Industries Ltd was trading at Rs60 per share down by Rs0.45 or 0.74% from its previous closing of Rs60.45 per share on the BSE.
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