Seshasayee Paper & Boards jumped 7.70% to Rs 137 after CARE Ratings reaffirmed the credit rating assigned to the long term bank facilities (CARE A+ Positive) and short term bank facilities (CARE A1+) of the company.
The announcement was made after market hours yesterday.During the financial year 2019-20, there was no revision in the credit ratings assigned to the company, for both long term and short term bank facilities.
Seshasayee Paper and Boards manufactures paper products. The company offers paper, wood, and fibrous pulp, as well as provides cellulose and other materials.
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