INDIA RATINGS: DS-Max Realty, Madhucon Raised
Source: BFW (Bloomberg First Word)
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(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Ananya Finance
- Long-term bank facilities raised to BB from BB- at Care
- Cites improvement in financial-risk profile
- DS-Max Realty
- LT rating raised to BB+ from BB at ICRA
- Cites healthy sales from projects
- Madhucon Sugar and Power
- LT rating raised to B+ from B at ICRA
- Cites improved outlook for co.’s sugar business
- Sri Lakshmi Kalavathi Cotton Traders
- LT rating raised to BB from BB- at Crisil
- Cites expectation of sustained improvement in liquidity
Source: BFW (Bloomberg First Word)
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UUID: 7947283