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The latest update is out from Skipper Ltd ( (IN:SKIPPER) ).
Skipper Limited has disclosed that Acuite Ratings & Research has reaffirmed and subsequently withdrawn its long-term credit rating of Acuite A on facilities amounting to ₹847.20 crore, as well as withdrawn a separate long-term rating on ₹6.24 crore of facilities. The agency also reaffirmed and then withdrew the company’s short-term credit rating of Acuite A1 on ₹2,579.56 crore, signalling a completed review cycle that may affect how lenders and investors assess Skipper’s credit profile and access to bank or capital market funding.
More about Skipper Ltd
Skipper Limited operates in the infrastructure and engineering sector, with a focus on power transmission and distribution structures and related products. The company is listed on both the National Stock Exchange of India and BSE, reflecting its presence in the Indian capital markets and its role as a supplier to large-scale utility and infrastructure projects.
Average Trading Volume: 20,857
Technical Sentiment Signal: Strong Buy
Current Market Cap: 49.31B INR
See more insights into SKIPPER stock on TipRanks’ Stock Analysis page.