NCL Industries Ratings Reaffirmed by CRISIL for Bank Loans and Fixed Deposits
CRISIL has reaffirmed the credit ratings for NCL Industries Ltd.'s bank loan facilities and fixed deposit facilities. The rating renewal provides assurance regarding the company's lending structure, according to details provided by the agency.The renewed ratings cover a total of Rs. 561.00 Crores in Bank Loan Facilities and Rs. 100.00 Crores in Fixed Deposits.
Key aspects of the reaffirmed ratings are as follows:
| Facility Type | Amount Rated | Long Term Rating | Short Term Rating |
|---|---|---|---|
| Total Bank Loan Facilities | Rs. 561.00 Crores | CRISIL A / Stable (Reaffirmed) | CRISIL A1 (Reaffirmed) |
| Fixed Deposits | Rs. 100.00 Crores | N/A | CRISIL A / Stable |
The reaffirmation includes the Long Term Rating and Short Term Rating for the Bank Loan Facilities, confirming their status with CRISIL. Additionally, the Fixed Deposit facilities have been assigned a rating of CRISIL A / Stable.
NCLIND Stock Price Movement
NCL Industries Limited shares rallied through the day, settling higher by 1.03% after closing at ₹194.42 today. The stock saw a trading volume of 34,302 shares, indicating steady buying interest in the market.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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