India Ratings Affirms Credit Rating of Neuland Laboratories Ltd
India Ratings and Research has affirmed the credit rating assigned to Neuland Laboratories Limited for its bank loan facilities.The company received confirmation regarding this credit rating affirmation from India Ratings and Research, signaling stability in its financing profile. The assessment specifically pertains to the company's ability to service debt related to bank loans.
The details of the confirmed credit rating are as follows:
| Type of Credit Rating | Rating | Rating Action |
|---|---|---|
| Bank loan facilities | IND A+/ Positive/ IND A1 | Affirmed |
NEULANDLAB Stock Price Movement
Neuland Laboratories Limited saw its shares shed 2.59% after closing trading today, settling at ₹19019. The stock experienced volatility throughout the session, registering a daily low of ₹18629 despite briefly reaching an intraday high of ₹19558.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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