ICRA reaffirms long term rating of Action Construction Equipment Limited

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ICRA

ICRA Limited has reaffirmed a long-term rating of [ICRA]AA- (pronounced ICRA double A minus) with a stable outlook and a short-term rating of [ICRA]Al+ (pronounced ICRA A one plus) to the Rs. 295.00 crore bank facilities of Action Construction Equipment Limited.

Shares of ACTION CONSTRUCTION EQUIPMENT LTD. was last trading in BSE at Rs.77.55 as compared to the previous close of Rs. 76.6. The total number of shares traded during the day was 11848 in over 103 trades.

The stock hit an intraday high of Rs. 78.95 and intraday low of 76.75. The net turnover during the day was Rs. 927650.

Source: Equity Bulls