Infomerics upgrades KM Sugar Mills credit rating; Stock gains ~1%

28 Feb 2022 , 11:10 AM

The credit rating of KM Sugar Mills Limited has been upgraded from BBB+ to A- with a stable outlook by Credit rating agency viz., Infomerics valuation and Rating Pvt. Ltd communicated to the company vide mail dated February 26, 2022.

At around 11.14 am, KM Sugar Mills Ltd was trading at Rs27.55 per piece up by Rs0.25 or 0.92% from its previous closing of Rs27.30 per piece on the BSE.

The scrip opened at Rs28.90 and has touched a high and low of Rs28.90 and Rs26.40 respectively