Trent issues Commercial Paper worth Rs 100 crore

28 Feb 2017 Evaluate

Trent has issued Commercial Paper for an aggregate amount of Rs 100 crore.

Credit rating agency, CARE has assigned rating of ‘A1+’ for issue of Commercial Paper by the Corporation. Instruments with CARE A1 rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.

Trent Share Price

6948.90 119.90 (1.76%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3462.25
Aditya Birla Fashion 282.35
Trent 6948.90
Vishal Mega Mart 101.97
Electronics Mart Ind 165.05
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