CRISIL upgrades long-term credit facilities of Endurance Technologies

The credit rating agency reaffirms the short-term rating for bank credit facilities / Commercial Papers (CPs) of the company.

January 28, 2021 3:22 IST India Infoline News Service

CRISIL Ratings Limited has upgraded the long-term rating for bank credit facilities and reaffirmed the short-term rating for bank credit facilities / Commercial Papers (CPs) of Endurance Technologies Limited.

The aggregate amount of bank credit facilities rated Rs918.03cr and the aggregate amount of CPs rated Rs100cr.

The long-term rating for bank credit facilities was upgraded to CRISIL AA+/Stable from CRISIL AA/Positive.

Short-Term Rating for bank credit facilities / CPs was reaffirmed at CRISIL A1.

Towards close of market, Endurance Technologies Ltd was trading at Rs1,380 per piece down by Rs10.35 or 0.74% from its previous closing of Rs1,390.35 per piece on the BSE.

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