Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusinessStocks

IOL Chemicals rises 4% on pre-payments of term-loan

The share touched its 52-week high Rs 234.90 and 52-week low Rs 104.05 on 30 May, 2019 and 16 August, 2018, respectively.

August 21, 2019 / 11:23 AM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Shares of IOL Chemicals and Pharmaceuticals rose nearly 4 percent intraday on August 21 as the company made pre-payment of its term loan.

The company has made the pre-payment of the term loan of Rs 9.52 crore due to banks in addition to scheduled repayment, as per BSE release.

The company has made the pre-payment of the term loan of Rs 107.70 crore till date to reduce the term debt, which remains at Rs 123.45 crore as on date.

At 1101 hours, IOL Chemicals and Pharmaceuticals was quoting at Rs 189.75, up Rs 5.65, or 3.07 percent on the BSE.

iol

The share touched its 52-week high Rs 234.90 and 52-week low Rs 104.05 on 30 May, 2019 and 16 August, 2018, respectively.

Currently, it is trading 19.11 percent below its 52-week high and 82.6 percent above its 52-week low.

Moneycontrol News
first published: Aug 21, 2019 11:23 am

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347