India's Bharat Bijlee rises after ICRA reaffirms credit ratings, outlook

About this update from Bharat Bijlee Limited

** Heavy electrical equipment manufacturer Bharat Bijlee NSE:BBL soars 12.69% to 3,159 rupees** Stock set for best day in more than 4 months** Credit rating agency ICRA reaffirms ratings for the bank facilities availed by co** Long-term ratings reaffirmed at 'AA-' and short-term at 'A1+', with long-term outlook 'stable'** With session's gains, stock trims YTD decline to ~15.7%

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