 "Dwarikesh Sugar zooms 53% in 12 days after ICRA upgrades credit rating")
Dwarikeh Sugar Industries (DSIL) hit a new high of Rs 656, up 10% on BSE in noon deals, extending its 11-day rally after rating agency ICRA upgraded the company's rating for its Rs 600 crore line of credit. The outlook on the long-term rating is stable.
The stock rallied 53% from Rs 430 on July 19, as compared to 1% rise in S&P BSE Sensex. The trading volumes on the counter more than doubled with a combined 2.16 million shares changing hands on BSE and NSE till 1:59 pm.
According to ICRA , “the rating upgrade factors in
The stock rallied 53% from Rs 430 on July 19, as compared to 1% rise in S&P BSE Sensex. The trading volumes on the counter more than doubled with a combined 2.16 million shares changing hands on BSE and NSE till 1:59 pm.
According to ICRA , “the rating upgrade factors in
