New Delhi, July 30 -- Suzlon Energy share price traded lower on Wednesday, despite a bullish trend in the broader Indian stock market today. Suzlon Energy shares fell as much as 1.31% to Rs.61.02 apiece on the BSE.
The renewable energy player, Suzlon Energy said it has received a credit rating upgrade from CRISIL and a fresh rating assignment from ICRA.
CRISIL has upgraded Suzlon's long-term rating to 'CRISIL A+ / Stable' from 'CRISIL A / Positive', while maintaining its short-term rating at 'CRISIL A1'.
The total amount of bank loan facilities assigned a rating by CRISIL has been increased to Rs.5,685 crore, up from the previous Rs.3,050 crore. In addition, ICRA has provided a long-term rating of [ICRA]A+ (Stable) and a short-term rat...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.