INDIA RATINGS: GVR Ajmer Cut to D; Dilip Buildcon Raised
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
DBL IN (Dilip Buildcon Ltd)
PHCB IN (Phillips Carbon Black Ltd)
RIBA IN (Riba Textiles Ltd)
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- GVR Ajmer Nagaur Tollway
- Bank loan cut to D from BB at India Ratings
- Cites account being classified as special mention account by its lenders
- GVR Nagaur Bikaner Tollway
- Bank loan cut to D from BB at India Ratings
- Cites account being classified as non- performing asset by its lenders
- Dilip Buildcon
- Long-term bank facilities raised to A+ from A- at Care
- Cites growth in total operating income
- I.S.P. Infrastructures
- LT bank facilities raised to BB from BB- at Crisil
- Cites healthy booking progress
- Phillips Carbon Black
- LT bank facilities raised to A+ from A at Care
- Cites higher capacity utilization, change in product mix and reduction in finance charges
- Riba Textiles
- LT loan raised to BBB- from BB+ at India Ratings
- Expects significant top-line growth
- Southern Tropical Foods
- LT bank facilities raised to BB+ from BB at Crisil
- Cites gradual increase in scale, better profitability
- Sundaram Exports
- LT bank facilities raised to BBB- from BB+ at Crisil
- Cites improvement in financial-risk profile, especially in indebtedness
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
DBL IN (Dilip Buildcon Ltd)
PHCB IN (Phillips Carbon Black Ltd)
RIBA IN (Riba Textiles Ltd)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283