ICRA Limited has revised the credit rating for sub-limits of credit of Rs4,400cr to
Isgec Heavy Engineering Limited. The earlier assigned rating on Rs400cr Fund-based limits ICRA AA (Stable) has been revised to ICRA AA (Negative) on Rs600cr.
The rating on Non Fund-based limits Rs2726.27cr ICRA A1+ has been revised to ICRA A1+ (Rs2755.17cr). Fund based/Non fund based limits Rs974.83cr ICRA AA (Stable)/ ICRA A1+ was revised to ICRA AA (Negative)/ ICRA A1+ (Rs1044.83cr).
At around 10.00 AM, ISGEC Heavy Engineering Ltd was trading at Rs532.60 per piece down Rs4.40 or 0.82% from its previous closing of Rs537 per piece on the BSE.
Related Tags: