ICRA upgrades ratings on credit facilities of RPG Life Sciences

The rating on long-term loans Rs35cr was upgraded to ICRA A from ICRA A-. The outlook remained stable.

December 18, 2020 4:47 IST India Infoline News Service

ICRA Limited has upgraded ratings on credit facilities of RPG Life Sciences Limited. The company informed the exchanges Friday that rating on long-term loans Rs35cr was upgraded to ICRA A from ICRA A-. Outlook has been reaffirmed as Stable.

The rating on long-term, fund based facilities Rs40cr was upgraded to ICRA A / Stable from ICRA A-/ Stable. On short-term, non-fund based facilities Rs25.92cr the rating has been upgraded to ICRA A1 from ICRA A2+.

RPG Life Sciences Ltd ended at Rs367.10 per piece down Rs3.25 or 0.88% from its previous closing of Rs370.35 per piece on the BSE.

Related Story

Get Access to Stock Reports+ and Customised Investment Ideas