Motherson Sumi Wiring India Ltd's Rating Affirmed by India Ratings and Research Private Limited
India Ratings and Research Private Limited, a Fitch Group Company, has affirmed the rating for Bank Loan Facilities of Motherson Sumi Wiring India Ltd. The rating action pertains to the company's access to banking credit facilities.The agency affirmed the existing rating for the company's bank loan facilities. According to the details provided by the rating agency, both the previous and revised ratings were maintained following the review.
A summary of the rated parameters is detailed below:
| Particulars | Rated Limits (million) | Revised Rating | Previous Rating |
|---|---|---|---|
| Bank Loan Facilities | INR 6,000 | IND A1+ (Affirmed) | IND A1+ (Assigned) |
The rating update relates specifically to the company's Bank Loan Facilities.
MSUMI Stock Price Movement
Today, shares of Motherson Sumi Wiring India Limited edged higher to close at ₹41.47, rising 0.44% in the session. The stock traded within a tight range of ₹40.93 and ₹42.19, with approximately 19.3 million shares transacted during the day.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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