iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Ind-Ra reaffirms the credit rating of BHEL's bank facilities worth Rs68,000 crore; stock gains ~1%

28 Jun 2022 , 02:58 PM

Bharat Heavy Electricals Limited (BHEL) has informed that India Ratings & Research has reviewed and reaffirmed the ratings of company’s bank facilities.

The rating agency has reaffirmed the long-term rating of fund-based working capital limits worth Rs6,000 crore to ‘IND AA’. It has given a Negative outlook for the same.

Ind-Ra has reaffirmed the rating of non-fund-based working capital limit worth Rs54,000 crore at ‘IND A1+’.

While the rating for Commercial Papers worth Rs8,000 crore has been reaffirmed at ‘IND A1+’ as well.

At around 2.55 PM, BHEL’s counter was trading at Rs46.25 up by Rs0.3 or 0.65% from its previous closing of Rs45.95 on the BSE. The scrip touched intraday high and low of Rs46.45 and Rs45.30 respectively.

Related Tags

  • BHEL Credit Rating
  • BHEL News
  • BHEL Share
  • BHEL Stock Updates
  • BHELShare
  • BHELSharePrice
  • BHELStockPerformance
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.