Crisil Assigns Credit Ratings to Primo Chemicals Ltd's Bank Loan Facilities
Primo Chemicals Limited has received credit ratings from Crisil Ratings Limited for its long term and short term credit facilities.The rating assignment covers a total bank loan facility of Rs. 180 Crore. The details of the assigned ratings are as follows:
| Total Bank Loan Facilities Rated | Value |
|---|---|
| Long Term Rating | Crisil BBB/Stable |
| Short Term Rating | Crisil A3+ |
The facilities and corresponding ratings were assigned by Crisil Ratings Limited.
PRIMO Stock Price Movement
Primo Chemicals Limited shares rallied on Thursday, closing at ₹24.11 after surging 3.45% during the trading session. The stock saw robust activity throughout the day, successfully holding above its lower range of ₹23.55 as it traded a volume of 224,955 against a high of ₹24.88.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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