INDIA RATINGS: Laxmi Builders Raised; Samyu Glass Cut
Source: BFW (Bloomberg First Word)
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(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Amira Pure Foods
- Bank limits cut to D from BBB
- Cites delay in debt servicing
- Samyu Glass
- Long-term rating cut to D from C at Crisil
- Cites delay in debt servicing, weak liquidity
- Laxmi Builders
- LT rating raised to B+ from B at Crisil
- Cites improved financial profile
- Satin Creditcare Network
- Pass-through certificates raised to A- from AA- at ICRA
- Cites collection efficiency, low delinquency
Source: BFW (Bloomberg First Word)
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UUID: 7947283