Skipper Ltd receives credit rating updates from Crisil for bank facilities
Skipper Ltd has received updated credit ratings from Crisil Ratings Limited concerning its bank facilities, covering both long-term and short-term obligations. The ratings reflect specific assessments of the company’s financial standing as assessed by the agency.The assignments cover two distinct categories of banking facilities: Long Term Bank Facilities and Short Term Bank Facilities.
Details regarding these credit ratings are presented below:
| Facilities | Amount (in ₹ crore) | Rating | Rating Action |
|---|---|---|---|
| Long Term Bank Facilities | Rs.4621 | Crisil A+/Stable | Upgraded |
| Short Term Bank Facilities | Rs.4301 | Crisil A1 | Reaffirmed |
The credit rating action for the long-term bank facilities indicates an upgrade, while the short term bank facilities were reaffirmed by Crisil Ratings Limited.
SKIPPER Stock Price Movement
Skipper Limited shares edged higher on Friday, settling at ₹574.95 after gaining 1.58% from the previous close. The stock recorded a traded volume of 746,610 shares during the session.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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