PVR fell via 3% to Rs. 1,524.05, after the business enterprise stated that CRISIL Ratings has downgraded its rating on the financial institution mortgage facilities of the business enterprise worth Rs 1033.33 crore.
The credit ratings company has downgraded the lengthy-time period score of bank mortgage facilities of the enterprise to ‘CRISIL A+/Negative’ from ‘CRISIL AA-/Negative’ and quick-time period rating to ‘CRISIL A1’ from ‘CRISIL A1+’
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