GNG Electronics Ltd Receives Credit Rating Upgrades for Bank Facilities
GNG Electronics Ltd has received an upgrade to the credit ratings for its bank facilities from CARE Ratings Limited. The rating actions pertain to long-term and short-term bank facilities, according to the information provided.The upgraded ratings reflect changes in the facilities' outstanding amounts and associated ratings.
The detailed breakdown of the credit rating updates is presented below:
| Facilities | Amount (Rs. in Crores) | Rating | Rating Action |
|---|---|---|---|
| Long-term bank facilities | 272.50 (Enhanced from 227.50) | CARE BBB; Stable | Upgraded from CARE BBB-; Positive |
| Short-term bank facilities | 43.00 (Reduced from 88.00) | CARE A3+ | Upgraded from CARE A3 |
The credit rating agency issued a press release on April 08, 2026, concerning these rating enhancements.
EBGNG Stock Price Movement
Today, GNG Electronics Limited shares edged higher to close at ₹376.4, marking an advance of 0.29%. The stock settled after trading on a volume of 448,399 shares today.Source:
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