ICRA assigns credit ratings for Line of Credit of Krsnaa Diagnostics; Stock ends lower

17 Jan 2022 , 03:52 PM

ICRA has assigned a long-term rating of ICRA A and a short-term rating of ICRA Al for the Rs85cr Line of Credit (LOC) of Krsnaa Diagnostics Limited. The Outlook on the long-term rating is Stable.

The rating on term loans in IndusInd Bank Limited Rs22cr has been assigned at ICRAA (Stable). On fund-based Limits – Cash Credit IndusInd Bank Limited Rs30cr and Non-Fund based Facilities – Bank Guarantee in Janata Sahakari Bank Limited Rs33cr, ICRA Al rating has been assigned.

Krsnaa Diagnostics Limited trade on Monday ended at Rs755.45 per share down Rs17.70 or 2.29% on the BSE.