CRISIL has upgraded its long term rating to A-/positive, saying the outlook revised from stable and reaffirmed.
Shares of Intellect Design Arena gained 4 percent intraday September 13 after CRISIL upgraded credit ratings on the company's bank facilities.The stock gained more than 7 percent this week. It was quoting at Rs 224.60, up Rs 4.65, or 2.11 percent on the BSE at 13:58 hours IST.
The short term rating has been reaffirmed at A2+ by the rating agency.Intellect said total rated bank loan facility stood at Rs 550 crore.The Great Diwali Discount!
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