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As On 17-Nov-2017
SENSEX
33,342.80
235.98 (0.71%)
NIFTY
10,283.60
68.85 (0.67%)
EQUITY
    No Companies Visited

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  • CARE Assigns CARE AA Ratings to the Bank Facilities of Railway Energy Management Company

    CARE Rating Agency has assigned CARE AA [Double A] rating to long term bank facilities for the amount of Rs 115.51 crore of Raillway Energy Management Company Limited.

    The ratings assigned to the bank facilities of Railway Energy Management Company Limited (REMCL) derives strength from the company's strong percentage, strategic importance of the company for Indian Railways resulting in healthy revenue visibility and low counterparty risk as REMCL's entire business is conducted with Indian Railways. The rating also factors in satisfactory operational performance of REMCL's wind power plant, the company's healthy profitability margins and its comfortable debt coverage indicators. The rating is however constrained by the company's limited track record of operations and exposure of wind power plant to dimatic conditions and technological risks.

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Flash News 17-Nov-2017
  •  ( 16:14) Sensex rises 235.98 points or 0.71% to settle at 33,342.80  
  •  ( 15:46) Market closes with impressive gains  
  •  ( 14:34) Sunshield Chemicals wins order from Elantas GmbH  
  •  ( 13:53) Axis Bank keeps MCLRs unchanged from 18 Nov  
  •  ( 11:42) Cabinet hikes carpet area of houses for subsidy scheme  
  •  ( 11:28) HDFC Standard attracts modest premium on debut  
  •  ( 10:51) Gati's cons. Q2 PAT jumps 179.17% to Rs 20.77 crore  
  •  ( 10:41) HDFC Standard lists a Rs 311 on BSE  
  •  ( 10:13) Cipla receives USFDA nod for generic Pulmicort Respules  
  •  ( 09:46) Bank of Baroda to consider Rs 6000 cr fund raising plan  
  •  ( 09:27) RBI allows hike in FPI limit in Petronet to 40% from 30%  
  •  ( 08:51) Moody's changes India's govt bond outlook to stable  
  •  ( 08:50) Moody's upgrades India's govt bond rating to Baa2 from Baa3  
  •  ( 08:20) GST: Cabinet nod for national anti-profiteering authority  
  •  ( 07:55) US stocks advance on Thursday  
Show News
17 November 2017 00:00
400.75
(0.94 %)
1171.10
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541.90
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3212.05
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493.55
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608.65
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272.85
(1.45 %)
2325.05
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1701.00
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1827.10
(1.20 %)
3634.60
(-0.74 %)
1278.60
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325.10
(1.86 %)
970.95
(-1.79 %)
257.55
(0.98 %)
1024.05
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1221.25
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829.45
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1416.65
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8340.70
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177.45
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177.50
(-1.03 %)
208.55
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909.70
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337.40
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517.05
(1.65 %)
421.45
(1.92 %)
240.80
(1.05 %)
701.35
(2.14 %)
2710.10
(-1.33 %)
294.75
(-0.97 %)
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