INDIA RATINGS: Kancheshwar Sugar Cut; Bagmane Developers Raised
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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MOHI IN (Mohite Industries Ltd)
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(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Kancheshwar Sugar
- Long-term bank facilities cut to D from B at Crisil
- Cites delays in servicing debt due to stretched liquidity
- Bagmane Developers
- Term loan raised to A+ from A at ICRA
- Cites continued growth and diversification in lease income portfolio
- First Steps Babywear
- Term loans raised to A+ from A at ICRA
- Cites improvement in capitalization, stable profit margins
- Lakshmi Steel Rolling Mills
- LT bank facilities raised to BB- from B+ at Crisil
- Cites recovery in performance during fiscal 2017 due to increased ship-breaking activity
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
MOHI IN (Mohite Industries Ltd)
Topics
Emerging Mkts News, Analysis
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283