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Geojit Financial Services Ltd ( (IN:GEOJITFSL) ) just unveiled an update.
Geojit Financial Services Ltd has disclosed that Crisil Ratings has reaffirmed and subsequently withdrawn its short-term rating of Crisil A1 on the company’s bank facilities amounting to Rs 197 crore, following a request from Geojit. The withdrawal indicates that these specific short-term bank loan facilities are no longer under active rating surveillance by Crisil, a move stakeholders may view as part of the company’s evolving funding or banking arrangements rather than a change in its assessed short-term credit quality at the time of withdrawal.
More about Geojit Financial Services Ltd
Geojit Financial Services Ltd is an India-based financial services company offering investment advisory, portfolio management, alternative investment fund management and mutual fund distribution. The firm operates under SEBI and IRDA registrations, focusing on retail and institutional investors in India, with a presence in Kerala and a broader national client base through its digital and offline platforms.
Average Trading Volume: 155,236
Technical Sentiment Signal: Hold
Current Market Cap: 17.11B INR
For detailed information about GEOJITFSL stock, go to TipRanks’ Stock Analysis page.