Care assigns rating to fixed deposit programme of Havells India

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Care assigns rating to fixed deposit programme of Havells India
Electrical equipment major, Havells India Ltd, said that Care, the rating agency has assigned a credit rating of CARE AA+ to the Fixed Deposit (FD) programme of the Company.

"CARE has assigned a credit rating of CARE AA+ to the Fixed Deposit (FD) programme of the Company viz Havells India Ltd," the company said in a filing to the Bombay Stock Exchange.

Buoyed by the development, shares of the company were trading at Rs 905.50 a piece, up 1.86 per cent on BSE at 10:45 hours.

Dion Global Solutions Ltd.

Story first published: Wednesday, April 9, 2014, 12:34 [IST]
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