Orient Paper & Industries, a multi-product, multi-location paper mill company on February announced that the credit rating agency Care Ratings has reaffirmed long term credit rating of the Company to CARE A+ (SingJe A plus) and short-term credit rating of the Company CARE Al+ (A One plus). However, the outlook has been revised from stable to negative for both the ratings.
Shares of the company gained Rs 0.25, or 1.15%, to settle at Rs 21.90. The total volume of shares traded was 76,145 at the BSE (Wednesday). The scrip has touched an intraday high of Rs 22.10 and low of Rs 21.25 respectively.