Dixon Technologies (India) Limited informed the exchanges Tuesday that ICRA Limited vide its letter dated November 23, 2020, has revised the long-term rating and reaffirmed the short term rating as well as rating assigned to Commercial paper instrument.
The long-term rating of the company has been upgraded to ICRA AA- from ICRA A+ and the outlook was revised to stable from Positive.
The short-term rating has been re-affirmed as ICRA Al+ and rating on commercial paper re-affirmed as ICRA Al+.
Dixon Technologies trade ended at Rs10,861 per piece up by Rs163.6 or 1.53% from its previous closing of Rs10,697.40 per piece on the BSE.
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