HALISTER1: INDIA RATINGS: Mor Techfab Raised at Crisil

INDIA RATINGS: Mor Techfab Raised at Crisil

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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UPGRADES
  • Mor Techfab
    • Long-term rating raised to BB from BB- at Crisil
    • Cites improvement in co.’s business risk profile, revenue growth, stable and moderate operating margin and controlled working capital cycle
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Source: BFW (Bloomberg First Word)

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