ICRA raised the rating on Quess Corp's non-convertible debentures to AA with a Stable outlook from AA- with a Positive outlook
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Shares of Quess Corp rose as much as 2.7 percent in early trade after ICRA upgraded the rating on the company's non-convertible debentures.
ICRA raised the rating on Quess Corp's non-convertible debentures to AA with a Stable outlook from AA- with a Positive outlook.
The rating agency also upgraded the rating on Quess Corp's long-term fund based limits to AA with a Stable outlook from AA- with a Positive outlook.
ICRA reaffirmed its A1+ rating on the company's commercial paper.
At 0920 hours, Quess Corp was quoting at Rs 719.25 on the BSE, up 2.38 percent.First Published on Feb 28, 2019 09:37 am