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Bajel Projects Limited ( (IN:BAJEL) ) has shared an update.
Bajel Projects Limited has announced that CRISIL Ratings Limited has reaffirmed its credit ratings on the company’s bank loan facilities, maintaining a long-term rating of CRISIL A/Stable and a short-term rating of CRISIL A1. Alongside the reaffirmation, the total amount of bank loan facilities rated has been increased from Rs. 2,500 crore to Rs. 3,000 crore, underscoring lenders’ and the rating agency’s continued confidence in the company’s credit profile and its ability to manage an expanded borrowing base, which may support future growth plans and strengthen its standing with financiers and market participants.
More about Bajel Projects Limited
Bajel Projects Limited is an Indian company listed on both BSE and the National Stock Exchange under the symbol BAJEL. While the specific industry and product or service focus are not detailed in this release, the company operates at a scale that requires substantial bank loan facilities and is subject to SEBI’s listing and disclosure regulations, indicating a sizable presence in its sector and reliance on institutional financing.
Average Trading Volume: 12,750
Technical Sentiment Signal: Sell
Current Market Cap: 19.27B INR
Find detailed analytics on BAJEL stock on TipRanks’ Stock Analysis page.