Coromandel International gains on getting long-term issuer rating upgraded by India Ratings
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Coromandel International is currently trading at Rs. 1049.00, up by 9.60 points or 0.92% from its previous closing of Rs. 1039.40 on the BSE.
The scrip opened at Rs. 1020.00 and has touched a high and low of Rs. 1058.05 and Rs. 990.00 respectively. So far 18300 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1092.50 on 17-Aug-2022 and a 52 week low of Rs. 709.55 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 1062.00 and Rs. 983.95 respectively. The current market cap of the company is Rs. 30823.31 crore.
The promoters holding in the company stood at 57.48%, while Institutions and Non-Institutions held 28.10% and 14.43% respectively.
Credit rating agency -- India Ratings has upgraded Coromandel International’s long-term issuer rating to ‘AAA’ from ‘AA+’. The company's outlook being ‘Stable’.
Coromandel International is amongst India's pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain.
