Redington up 5% post rating upgradation by CRISIL
Shital Jibhe / 11 Dec 2017
The rating agency CRISIL has upgraded its long-term ratings on the bank facilities of the company to CRISIL AA / Stable from CRISIL AA- / Positive.
Share price of Redington (India) surged 5.6 per cent in the early trade on Monday to Rs. 191.05 per share, up Rs. 9.9, or 5.46 per cent on the BSE.
The rating agency CRISIL has upgraded its long-term ratings on the bank facilities of the company to CRISIL AA / Stable from CRISIL AA- / Positive.
At 9:58 hours, Redington (India) was quoting at Rs. 185.05 per share, up Rs. 3.9, or 2.15 per cent on the BSE.
The share touched its 52 week high Rs. 210.05 on 10 November, 2017 and 52 week low Rs. 90.40 on 30 December, 2016. Currently, it is trading 13.50 per cent below its 52-week high and 104.70 per cent above its 52-week low.
The company’s trailing 12 month (TTM) EPS was at Rs. 5.09 per share (Sept 2017). The stock’s price to earnings (P/E) ratio was 36.42, respectively.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.