ICRA assigns ratings to ITI credit facilities; Stock trades flat

11 Mar 2022 , 01:42 PM

ICRA Limited has assigned credit ratings to ITI Limited‘s Rs4469.50 crore instruments. The rating on fund based instrument Rs2445 crore long-term / short-term has been assigned at ICRA BBB- (Stable) / ICRA A3. For non-fund based Rs2021.50 instrument long-term / short-term ICRA BBB- (Stable) / ICRA A3 has been assigned by the credit rating agency. 

At around 1.45 pm, ITI Ltd was trading at Rs98.10 per piece up by Rs0.25 or 0.26% from its previous closing of Rs97.85 per piece on the BSE.

The scrip opened at Rs97.80 and has touched a high and low of Rs98.40 and Rs97.05 respectively.