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Bajaj Electricals has informed about submission of a letter dated December 17, 2018 received from ICRA informing the company that it has reaffirmed the long-term rating of A+ and short-term rating of A1+ assigned earlier to the Rs 4367.50 crore Line of Credit of company, and also assigned short-term Commercial Paper rating of A1+ to the additional limit of Rs 500 crore. The outlook on the long-term rating is revised from stable to Negative.

The above information is a part of company’s filings submitted to BSE.

Bajaj Electricals Share Price

391.55 3.70 (0.95%)
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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