Acuite Ratings & Research Limited has reaffirmed the credit rating of
Hindustan Composites Limited. Acuite has reaffirmed Acuite A- rating with a Stable outlook on long-term instruments (fund-based facilities) worth Rs9cr of the company.
The credit rating agency also reaffirmed Acuite A2+rating on the company’s short-term Instruments (non-fund-based facilities) worth Rs16cr.
Hindustan Composites Ltd trade on Thursday ended at Rs284.25 per piece up Rs3.30 or 1.17% from its previous closing of Rs280.95 per piece on the BSE.
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