PCBL Chemical shares jumps nearly 5% today; ICRA reaffirms credit ratings

Shares of PCBL Chemical Limited surged nearly 5% in today’s trading session, reaching ₹413.30, following the reaffirmation of its credit ratings by ICRA Limited. The company’s stock gained ₹19.15 from its previous close of ₹394.15, reflecting positive investor sentiment.

PCBL Chemical Limited announced that ICRA has reaffirmed its credit ratings for the company’s bank facilities. The long-term fund-based working capital term loan, term loan, and unallocated facilities have all been maintained at [ICRA] AA with a stable outlook. This reaffirmation underscores the company’s strong financial position and stability, reinforcing confidence among stakeholders regarding its creditworthiness.

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The company’s market capitalization now stands at ₹155.36 billion, with a price-to-earnings (P/E) ratio of 34.93. Its trading volume reached 1.48 million shares, reflecting heightened investor interest.

Pcbl Share Price history

Day Open Close Change %
Thu, Mar 20 2025
₹393.95
₹394.15
+1.01%
Wed, Mar 19 2025
₹383.00
₹390.20
+2.07%
Tue, Mar 18 2025
₹378.80
₹382.30
+2.12%
Mon, Mar 17 2025
₹372.70
₹374.35
+0.44%
Thu, Mar 13 2025
₹382.50
₹372.70
-2.29%
Wed, Mar 12 2025
₹384.30
₹381.45
+0.42%
Tue, Mar 11 2025
₹378.65
₹379.85
-1.05%
Mon, Mar 10 2025
₹392.95
₹383.90
-1.84%

 

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