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Munjal Auto rises on getting rating reaffirmation from ICRA for bank facilities

07 Aug 2012 Evaluate

Munjal Auto Industries is currently trading at Rs. 53.40, up by 0.30 points or 0.56% from its previous closing of Rs. 53.10 on the BSE.

The scrip opened at Rs. 53.00 and has touched a high and low of Rs. 54.00 and Rs. 53.00 respectively. So far 4771 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 62.20 on 23-Apr-2012 and a 52 week low of Rs. 27.00 on 09-Aug-2011.

Last one week high and low of the scrip stood at Rs. 54.00 and Rs. 51.10 respectively. The current market cap of the company is Rs. 265.75 crore.

The promoters holding in the company stood at 74.81% while Institutions and Non-Institutions held 0.07% and 25.12% respectively.

Credit rating agency, ICRA has reaffirmed the long term rating assigned to the bank facilities of Munjal Auto Industries at AA- for the Rs 62.9 crore term loans and Rs 11.0 crore cash credit fund-based bank limits. The outlook on long term rating is stable. The rating agency has also reaffirmed an A1+ rating to Rs 11.1 crore non-fund based, Rs 5.0 crore fund based short term bank facilities and Rs 15.0 crore commercial paper of the company.

Munjal Auto is the leading auto component manufacturing company in India producing exhaust systems, complete wheel rims and other automotive assemblies.

Munjal Auto Inds Share Price

90.00 9.46 (11.75%)
04-May-2026 09:07 View Price Chart
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