India Ratings and Research (Ind-Ra) has affirmed Mahindra Holidays & Resorts India Limited’s (MHRIL) Long-Term Issuer Rating at ‘IND A+’ with a stable Outlook.
The rating on fund-based working capital limits Rs1,050 million (increased from Rs600 million) was affirmed at IND A+/Stable. For Non-fund based working capital limits Rs100, IND A1+ was affirmed.
At around 11.42 am, Mahindra Holidays & Resorts India Ltd was trading at Rs188.05 per share down by Rs0.8 or 0.42% from its previous closing of Rs188.85 per share on the BSE.
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