Corporate News     31-Oct-23
Raymond receives ratings action from CRISIL
Raymond has received credit ratings from CRISIL as under:

Total Rated Facilities - Rs.2978.31 crore (Reduced from Rs.3427 crore)

Long Term Rating - CRISIL AA/Stable (Upgraded from 'CRISIL AA-'; Removed from ‘Rating Watch with Positive Implications' on facilities amounting Rs.1,438.31 crore; Rating Withdrawn on facilities amounting Rs.448.69 crore)

Long Term Rating - CRISIL AA-/Watch Developing (Revised from ‘Rating Watch with Positive Implications' to 'Rating Watch with Developing Implications' on proposed rupee term loan facilities amounting Rs.250 crore)

Long Term Rating - CRISIL AA-/Watch Developing (Continues on ‘Rating Watch with Developing Implications' on facilities amounting Rs.470 crore)

Short Term Rating - CRISIL A1+ (Reaffirmed)

Non-Convertible Debentures Aggregating Rs.275 crore - CRISIL AA-/Watch Positive (Withdrawn)

Rs.550 crore Commercial Paper - CRISIL A1+ (Reaffirmed)

Previous News
  Stock Alert: HDFC Bank, Raymond, Poonawalla Fincorp, IDBI Bank, Punjab National Bank,
 ( Market Commentary - Stock Alert 05-Jul-24   08:23 )
  Raymond consolidated net profit rises 591.51% in the June 2024 quarter
 ( Results - Announcements 06-Aug-24   15:56 )
  Market drift lower in early trade; breadth strong
 ( Market Commentary - Mid-Session 05-Jul-24   09:31 )
  Raymond consolidated net profit declines 26.19% in the March 2023 quarter
 ( Results - Announcements 09-May-23   16:05 )
  Raymond demerges its real estate biz into Raymond Realty
 ( Corporate News - 04-Jul-24   20:15 )
  Board of Raymond approves investment of Rs 50 cr in Ten X Realty
 ( Corporate News - 12-Sep-24   13:49 )
  Raymond Realty wins redevelopment project in Bandra East, Mumbai
 ( Corporate News - 10-Jun-24   19:18 )
  Board of Raymond approves investment of Rs 100 cr in Ten X Realty West
 ( Corporate News - 12-Sep-24   18:10 )
  Stock alert: Raymond, Vodafone Idea, Jubilant Foodworks, lnterGlobe Aviation, Bank of Baroda
 ( Market Commentary - Stock Alert 11-Jun-24   08:33 )
  Raymond consolidated net profit rises 366.45% in the March 2022 quarter
 ( Results - Announcements 17-May-22   08:12 )
  Raymond Q4 PAT drops 26% YoY to Rs 194 cr
 ( Hot Pursuit - 09-May-23   17:19 )
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