Following yesterday’s 17.2 per cent surge, Aban Offshore today is trading on a strong note after Credit Analysis and Research (Care) rating upgrade.
According to the reports, the rating agency has revised credit rating on bank facilities of Aban by 3 notches to BB-from D.
Aban Offshore so far has jumped to a high of Rs. 523, and is now up almost 5 per cent at Rs. 515.
The counter has witnessed heavy volume of 1.2 million shares so far on the BSE, as against the daily average volume of 521,000 shares in the past two weeks.
Meanwhile, the BSE Sensex is down 68 points at 27,238.
According to the reports, the rating agency has revised credit rating on bank facilities of Aban by 3 notches to BB-from D.
Aban Offshore so far has jumped to a high of Rs. 523, and is now up almost 5 per cent at Rs. 515.
The counter has witnessed heavy volume of 1.2 million shares so far on the BSE, as against the daily average volume of 521,000 shares in the past two weeks.
Meanwhile, the BSE Sensex is down 68 points at 27,238.
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