Vippy Spinpro Ltd Receives Credit Ratings From HDFC Bank Ltd
Vippy Spinpro Ltd announced the credit ratings assigned to its various facilities by HDFC Bank Ltd. The ratings cover Term Loans, Fund Based Limits, and Non-Fund Based Limits.The ratings assessment provides details on the facility structure, with amounts listed in Rs. Crore.
| Name of Lender | Facility | Amount (Rs. Crore) | Rating |
|---|---|---|---|
| HDFC Bank Ltd. | Term Loans | 86.57 | CARE BBB+; Stable (Triple B Plus; Outlook: Stable) |
| HDFC Bank Ltd. | Fund Based Limits | 40 | CARE BBB+; Stable / CARE A2 (Triple B Plus ; Outlook: Stable / A Two) |
| HDFC Bank Ltd. | Non-Fund Based Limits | 0.3 | CARE BBB+; Stable / CARE A2 (Triple B Plus ; Outlook: Stable / A Two) |
Stock Price Movement
At the close on Monday, Vippy Spinpro Ltd settled at ₹155.55, edging higher by 4.43%. Throughout the day, shares fluctuated within a range, dipping down to ₹145.25 but peaking at ₹164.00.Source:
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