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Capri Global Capital Limited ( (IN:CGCL) ) has shared an announcement.
Capri Global Capital Limited has had its short-term credit rating of ‘CRISIL A1+’ reaffirmed by CRISIL Ratings Limited and simultaneously secured an enhancement in the limit of its commercial paper programme from Rs 700 crore to Rs 1,500 crore. The strengthened rating position and expanded commercial paper capacity are expected to support the company’s funding flexibility and liquidity profile, potentially enabling it to tap short-term debt markets more efficiently and underpin its competitive standing among Indian non-banking financial companies.
More about Capri Global Capital Limited
Capri Global Capital Limited is a non-banking financial company (NBFC) focused on lending activities in India, primarily through products such as loans and other credit facilities, and it accesses capital markets using instruments including commercial paper programmes to fund its operations and growth.
Average Trading Volume: 328,691
Technical Sentiment Signal: Buy
Current Market Cap: 177.2B INR
Find detailed analytics on CGCL stock on TipRanks’ Stock Analysis page.