Panama Petrochem Limited (NSE:PANAMAPET) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
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Panama Petrochem Limited shares jumped over 10 per cent, touching a new 52-week high of Rs 269.65 per share on the BSE intraday trade today on the back of rating upgrade of the company.
CARE Ratings Limited has upgraded Panama Petrochem Limited’s credit rating, on the basis of recent developments including the operational and financial performance of the company.
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The credit rating agency upgraded the rating, on long-term bank facilities of the company from CARE A- with a Stable outlook to CARE A; Stable. It also upgraded the rating, on short-term bank facilities from CARE A2+, to CARE A1, the company said in a filing to exchanges.
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Panama Petrochem share price hits new LIFE HIGH post CARE Rating's upgrade
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CARE upgrades ratings of Panama Petrochem Limited
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