Butterfly Gandhimathi Appliances trades jubilantly on getting long term rating upgraded by CRISIL
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Butterfly Gandhimathi Appliances is currently trading at Rs. 1329.85, up by 132.60 points or 11.08% from its previous closing of Rs. 1197.25 on the BSE.
The scrip opened at Rs. 1213.05 and has touched a high and low of Rs. 1389.00 and Rs. 1213.05 respectively. So far 18799 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1461.95 on 31-Mar-2022 and a 52 week low of Rs. 656.55 on 24-Jun-2021.
Last one week high and low of the scrip stood at Rs. 1423.20 and Rs. 1153.80 respectively. The current market cap of the company is Rs. 2388.89 crore.
The promoters holding in the company stood at 62.79%, while Institutions and Non-Institutions held 11.05% and 26.16% respectively.
Credit rating agency -- CRISIL has upgraded Butterfly Gandhimathi Appliances’ long term rating to ‘AA’ from ‘A-’. The agency has also upgraded short term rating to ‘A1+’ from ‘A2+’.
Butterfly Gandhimathi Appliances is involved in manufacturing and trading of a wide range of domestic kitchen and electrical appliances under the brand ‘BUTTERFLY’.
