Cantabil Retail India releases Rating updates

The Company sells its products under the brand Cantabil through 394 Exclusive Brand Outlets (EBOs) in 18 states which are either Company owned / lease and Company managed, or Franchisee owned and Franchisee managed. The company believes in building strong client relationships by effectively delivering good quality products and acknowledging the changing customer demands

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Cantabil Retail India Limited (BSE: 533267, NSE: CANTABIL), Incorporated in 1989 is in the business of designing, manufacturing, branding and retailing of apparels and accessories, has informed in terms of Regulation 30(2) of SEBI (Listing obligations and Disclosure Requirements) Regulations 2015 that ICRA has reviewed our bank Loan facilities as a part of its annual surveillance and assigned following ratings:

  • Long Term Rating: [ICRA] A- (Stable) (Revised)
  • Short Term Rating: [ICRA] A2+ (Revised)
  • Total Rated facilities – ₹60.00 Crores bank facilities

The Company sells its products under the brand Cantabil through 394 Exclusive Brand Outlets (EBOs) in 18 states which are either Company owned / lease and Company managed, or Franchisee owned and Franchisee managed. The company believes in building strong client relationships by effectively delivering good quality products and acknowledging the changing customer demands.

Shares of Cantabil Retail India Ltd was last traded in BSE at ₹1129.50 as compared to the previous close of ₹1128.20. The total number of shares traded during the day was 205 in over 99 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 1149.00
  • Intraday low of ₹ 1085.30