Infomerics Assigns IVR BBB/Stable Rating to Niraj Cement Structurals' Proposed Long Term Banking Facilities
Infomerics Valuation and Rating Ltd has assigned a credit rating to Niraj Cement Structurals Limited concerning its proposed long term banking facilities. The rating decision, made on June 10, 2026, reflects the company's financial and operational performance as reviewed by the rating agency.The assessment covered proposed financing facilities amounting to Rs. 5.00 Crore. Infomerics assigned the rating of IVR BBB/Stable to the instrument.
A summary of the rated facility details is provided below:
| Instrument | Amount (Rs. Crore) | Rating Assigned |
|---|---|---|
| Proposed Long Term Banking Facilities | 5.00 | IVR BBB /Stable |
The proposed long term banking facilities, which are categorized as a Proposed Cash Credit, have been assigned the rating by Infomerics Valuation and Rating Ltd. The rating is applicable for one year from the date of the rating committee.
This assignment comes after Infomerics' Rating Committee reviewed various aspects related to the company's operations and financial status.
NIRAJ Stock Price Movement
As of 11:55 AM, shares of Niraj Cement Structurals Limited are slipping by 1.92% in live trading, currently valued at ₹28.05. The stock has seen a daily volume of 2,115 shares so far this morning.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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