India Ratings Assigns IND A+/Stable/IND A1+ Rating to Bank Loan Facilities of Goodluck Defence and Aerospace Limited

India Ratings Assigns IND A+/Stable/IND A1+ Rating to Bank Loan Facilities of Goodluck Defence and Aerospace Limited

India Ratings Assigns IND A+/Stable/IND A1+ Rating to Bank Loan Facilities of Goodluck Defence and Aerospace Limited​

Goodluck India Limited's subsidiary company, Goodluck Defence and Aerospace Limited, has received a credit rating from India Ratings & Research for its bank loan facilities. The agency assigned the ratings reflecting the financial standing of the entity concerning these facilities.

The ratings were assigned against Total Bank Loan Facilities amounting to Rs. 2050.00 Million. India Ratings provided the classification IND A+/Stable/IND A1+.

The rating details are summarized below:

Total Bank Loan Facilities RatedRating
Rs. 2050.00 MillionIND A+/Stable/IND A1+

This assessment provides insight into the financial profile of Goodluck Defence and Aerospace Limited regarding its bank loan facilities, as assigned by India Ratings & Research.

GOODLUCK Stock Price Movement​

Goodluck India Limited shares tumbled on Thursday, settling at ₹1269.8 after the stock shed ₹35.60 or 2.73% from its previous close. The equity traded within a range defined by a high of ₹1303 and a low of ₹1252, with a total volume of 388,700 shares exchanged.
 

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