INDIA RATINGS: Ruchi Soya Downgraded; HNG Float Glass Raised
Source: BFW (Bloomberg First Word)
Tickers
1018907D IN (Century Appliances Ltd)
9255885Z IN (Kail Ltd)
1263624D IN (Millennium Appliances India Ltd)
PI IN (PI Industries Ltd)
TRCL IN (Ramco Cements Ltd/The)
To de-activate this alert, click here
UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
Alert: HALISTER1- To get this story sent to your inbox real-time, run NI INRATINGS , click on Display & Edit, then Set Alert Delivery
- Ruchi Soya
- Long-term bank facilities cut to BB+ from BBB+ at CARE
- Cites cash loss suffered by co. due to volatility in commodity prices
- Shree Rajeshwar Weaving Mills
- LT rating cut to D from BB- at CARE
- Cites delays in debt servicing
- Titanium Equipment and Anode Mfg. Co.
- LT Rating cut to BBB- from BBB at Crisil
- Cites co.’s declining order book in engineering business
- HNG Float Glass
- LT rating raised to A from A- at CARE
- Cites improvement in co.’s operating performance
Source: BFW (Bloomberg First Word)
Tickers
1018907D IN (Century Appliances Ltd)
9255885Z IN (Kail Ltd)
1263624D IN (Millennium Appliances India Ltd)
PI IN (PI Industries Ltd)
TRCL IN (Ramco Cements Ltd/The)
To de-activate this alert, click here
UUID: 7947283