CRISIL has enhanced the rated amount while retaining 'A1+' ratings on the short-term debt programme of Reliance Capital.

The rated amount enhanced to Rs 75 billion from Rs 60 billion for short-term debt programme.

Commenting on the rationale, the rating agency said, "The rating continues to reflect its diversified presence across the financial services domain (through various subsidiaries) and adequate capitalisation.

These rating strengths are partially offset by the susceptibility of RCL's lending portfolio to the macroeconomic environment, along with a modest, though, improving earnings profile."

Shares of the company gained Rs 27.9, or 4.72%, to trade at Rs 619. The total volume of shares traded was 1,279,469 at the BSE (3.29 p.m., Tuesday).