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Vedanta's shares gain over 7% as CRISIL upgrades long-term ratings

On the BSE, the company's shares ended 7.28 per cent higher at Rs 362.5 apiece

Vedanta

Vedanta

Press Trust of India New Delhi

Shares of Vedanta Ltd on Friday ended with over seven per cent gain after CRISIL Ratings upgraded its long-term rating.

On the BSE, the company's shares ended 7.28 per cent higher at Rs 362.5 apiece.

Intra-day, it was trading at a high of Rs 365.4.

Similarly, on the National Stock Exchange (NSE), it settled at Rs 361.75 with a gain of 7.01 per cent.

During the session, it was trading at a high of Rs 365.55.

In a regulatory filing, the company said "CRISIL Ratings has upgraded its long-term rating of the Company to 'CRISIL AA' from 'CRISIL AA-', and has revised the outlook to 'Stable' from 'Positive' on February 25, 2022".

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 25 2022 | 6:31 PM IST

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