Financial Wire

Crisil Keeps AA- Rating on Technocraft Industries' Bank Loans; Outlook Stable

Crisil affirmed its AA- long-term rating and A1+ short-term rating on engineering services provider Technocraft Industries' (India) (NSE:TIIL, BOM:532804) bank loan facilities.The rating outlook is stable, according to a Friday filing on Indian bourses.Shares of the company rose over 2% in recent trade.

-- Crisil affirmed its AA- long-term rating and A1+ short-term rating on engineering services provider Technocraft Industries' (India) (NSE:TIIL, BOM:532804) bank loan facilities.

The rating outlook is stable, according to a Friday filing on Indian bourses.

Shares of the company rose over 2% in recent trade.