Birlasoft Ltd announced that CARE Ratings Limited and CARE Ratings Ltd. have reaffirmed credit ratings for various bank facilities, including Long-term bank facilities amounting to Rs 307.00, Long-term/Short-term bank facilities totaling Rs 20.00, and Short-term bank facilities of Rs 25.00, all carrying ratings of CARE AA+; Stable and CARE A1+ respectively, with the latter also including RBI stipulations; additionally, CARE Ratings Limited (CareEdge Ratings) has reaffirmed bank facilities with the same ratings. The reaffirmations reflect expectations of a strong financial risk profile and incorporate the rating of National Engineering Industries Limited, a holding company, at CARE AA-; Stable/CARE A1+, while CARE Ratings anticipates the company will maintain PBILDT margins at approximately 15% with modest growth, alongside financial metrics such as a term loan of Rs 8 crore, lease liabilities of Rs 1.32 crore, cash and liquid investments of Rs 2,878.6 crore, a net worth of Rs 3,512 crore, overall gearing of 0.04x, interest cover of 58.56x for Q1FY27 and 40.88x for FY26, a Total debt/PBILDT ratio of 0.18x, TD to GCA of 0.24x, cash accruals exceeding Rs 600 crore per annum for FY27-FY29, and repayment obligations of Rs 10-12 crore per annum for FY27-FY29.
Beware of fraudulent tips, unauthenticated news and advice on stock market.
At BOB Capital, your account security is our topmost priority. Beware of receiving fraudulent communications, unauthenticated trading tips and unsolicited calls on trading in stocks from unverified sources received through WhatsApp, Telegram, SMS, Calls, etc., and take an informed decision before investing.
Report unsolicited messages to the Stock Exchange on +91 8291833676 or email: feedbk_invg@nse.co.in
Please visit here to understand better.
Please visit CVC website at pledge.cvc.nic.in and take "Integrity Pledge" to be an active part of the "Satark Bharat, Samriddh Bharat" (Vigilant India, Prosperous India).
Filing complaints on SCORES - Easy & quick: a. Register on SCORES portal scores.sebi.gov.in/ b. Mandatory details for filing complaints on SCORES are i. Name, PAN, Address, Mobile Number, E-mail ID. c. Benefits: i. Effective communication ii. Speedy redressal of the grievances.
Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: