PCBL Chemical Ltd's Debt Rated by CARE Ratings: Key Banking Facilities Reaffirmed
PCBL Chemical Ltd has received credit ratings from CARE Ratings Limited regarding its banking facilities. Following a thorough review, CARE Ratings assigned specific ratings to various instruments extended under the company’s long and short-term bank facilities.The ratings were determined after CARE Ratings conducted due consideration of PCBL Chemical Ltd's financial position. The ratings relate to three distinct categories of bank facilities: Long term Bank Facilities, Long term / Short term Bank Facilities, and Short term Bank Facilities. All rated instruments had their ratings reaffirmed by the agency.
Details concerning the rated banking facilities are presented below:
| Instrument | Amount (Rs. in crores) | Rating | Rating Action |
|---|---|---|---|
| Long term Bank Facilities | 750.00 | CARE AA(Negative) | Reaffirmed |
| Long term / Short term Bank Facilities | 3,815.00 | CARE AA(Negative) /CARE A1+ | Reaffirmed |
| Short term Bank Facilities | 100.00 | CARE A1+ | Reaffirmed |
PCBL Stock Price Movement
Currently, PCBL Chemical Limited stock is slipping as of 12:05 PM, trading at ₹315 after shedding 2.28% in live market activity. The equity has registered a trading volume of 371,256 shares so far today.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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