Technocraft Industries' Credit Rating Reaffirmed by CRISIL

Technocraft Industries' Credit Rating Reaffirmed by CRISIL

Technocraft Industries' Credit Rating Reaffirmed by CRISIL​

Technocraft Industries (India) Ltd announced the reaffirmation of its credit ratings by CRISIL. The rating agency reaffirmed both the Long Term and Short Term Credit Ratings for the company's total bank loan facilities.

The ratings details provided by CRISIL are as follows:

Total Bank Loan Facilities RatedRs. 976 Crores
Long Term RatingCRISIL AA-/Stable (Reaffirmed)
Short Term RatingCRISIL A1+ (Reaffirmed)

The reaffirmation covers total bank loan facilities amounting to Rs. 976 Crores.

Stock Price Movement​

As of 11:35 AM, Technocraft Industries (India) Ltd shares are ticking up to ₹2411.40, representing a solid 1.99% gain. During the session, the stock navigated a range, touching lows near ₹2390.00 before peaking at ₹2430.95.

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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