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Prism Johnson Limited ( (IN:PRSMJOHNSN) ) has issued an update.
Prism Johnson Limited’s commercial paper program has been reaffirmed with a ‘Crisil A1+’ rating by Crisil Ratings, reflecting its robust business risk profile and healthy liquidity. Despite challenges such as pricing pressures and industry cyclicality, the company maintains a strong financial position with expectations of improved profitability in the coming fiscal years, driven by cost reductions and strategic investments in green energy.
More about Prism Johnson Limited
Prism Johnson Limited is a key player in the cement industry, particularly in the central region. The company also has a significant presence in the domestic ceramic and vitrified tiles industry and is a leading entity in the ready-mix concrete (RMC) sector. Its operations are supported by a strong business risk profile and a focus on improving operating efficiency in its Cement and HRJ Divisions.
Average Trading Volume: 25,216
Technical Sentiment Signal: Sell
Current Market Cap: 73.36B INR
For an in-depth examination of PRSMJOHNSN stock, go to TipRanks’ Overview page.