Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Oricon Enterprises Limited ( (IN:ORICONENT) ) just unveiled an update.
Oricon Enterprises Limited has announced the withdrawal of credit ratings assigned to its bank loan facilities by the credit rating agency CRISIL. The long-term rating of Crisil BBB/Stable and the short-term rating of Crisil A2 have been withdrawn for the total bank loan facilities rated at Rs. 239.56 Crore. This move may impact the company’s financial operations and its standing in the market, as credit ratings play a crucial role in determining the cost of borrowing and investor confidence.
More about Oricon Enterprises Limited
Average Trading Volume: 37,986
Technical Sentiment Signal: Buy
Current Market Cap: 8.54B INR
For detailed information about ORICONENT stock, go to TipRanks’ Stock Analysis page.