ICRA and CRISIL reaffirm credit ratings of PNB Gilts; Stock climbs ~1.5%

The credit rating agencies have reaffirmed the credit ratings of A1+ on the company’s Rs1000cr Commercial Paper programme.

April 16, 2021 10:37 IST India Infoline News Service

ICRA Limited and CRISIL Limited on Thursday have reaffirmed the credit ratings of ICRA Al+ and CRISIL Al+, respectively, as assigned to Rs1000cr Commercial Paper programme of PNB Gilts Limited.

The company stock was trading higher and at around 10.40 am, PNB Gilts Ltd was trading at Rs51.70 up Rs0.70 or 1.37% from its previous closing of Rs51 per piece on the BSE.
The scrip opened at Rs51.05 and has touched a high and low of Rs51.75 and Rs50.60 respectively during intraday trade on Friday.

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