India's Bharat Bijlee rises after ICRA reaffirms credit ratings, outlook

Bharat Bijlee

25/06/2025 09:34

** Heavy electrical equipment manufacturer Bharat Bijlee BBJL.NS soars 12.69% to 3,159 rupees

** Stock set for best day in more than 4 months

** Credit rating agency ICRA reaffirms ratings for the bank facilities availed by co

** Long-term ratings reaffirmed at 'AA-' and short-term at 'A1+', with long-term outlook 'stable'

** With session's gains, stock trims YTD decline to ~15.7%

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))