Manpasand Beverages Ltd, Take Solutions Ltd, Kwality Ltd and Reliance Power Ltd are among the other losers in the BSE's 'A' group today, 14 March 2019.

Reliance Capital Ltd tumbled 6.36% to Rs 176 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 13.66 lakh shares were traded on the counter so far as against the average daily volumes of 17.82 lakh shares in the past one month.

Manpasand Beverages Ltd lost 6.04% to Rs 119.8. The stock was the second biggest loser in 'A' group.On the BSE, 1.85 lakh shares were traded on the counter so far as against the average daily volumes of 1.16 lakh shares in the past one month.

Take Solutions Ltd crashed 5.77% to Rs 125. The stock was the third biggest loser in 'A' group.On the BSE, 52667 shares were traded on the counter so far as against the average daily volumes of 60954 shares in the past one month.

Kwality Ltd corrected 5.00% to Rs 7.41. The stock was the fourth biggest loser in 'A' group.On the BSE, 36187 shares were traded on the counter so far as against the average daily volumes of 2.72 lakh shares in the past one month.

Reliance Power Ltd shed 4.95% to Rs 10.95. The stock was the fifth biggest loser in 'A' group.On the BSE, 74.27 lakh shares were traded on the counter so far as against the average daily volumes of 84.58 lakh shares in the past one month.

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Reliance Capital announced that CARE Ratings (CARE) has revised its rating to A+ (credit watch with developing implications) for long-term debt programme, market linked debentures and subordinated debt of the Company. CARE has stated this action is primarily due to delay in monetising the non-core investments coupled with lower than envisaged fund inflows and tighter funding environment prevailing for the NBFC sector.

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Reliance Captial announced that ICRA (ICRA) has revised its rating by one notch to A1 (on rating watch with negative implications) for the short-term debt programme of the Company. ICRA has stated this action is primarily due to refinancing risk of short term maturities and delay in monetising the non-core investments.

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Reliance Capital has invited its partner, Nippon Life Insurance Co. to make an offer to acquire up to 42.88% stake held by Reliance Capital in Reliance Nippon Life Asset Management (RNAM).

Nippon Life Insurance Co. Ltd. already holds 42.88% stake in RNAM.

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