HALISTER1: INDIA RATINGS: Sir Shadi Lal, Vikram India Raised

INDIA RATINGS: Sir Shadi Lal, Vikram India Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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  • Sir Shadi Lal Enterprises
    • Long-term rating raised to B from C at Crisil
    • Cites improvement in business risk profile, revenue growth supported by a rise in sugar prices
  • Vikram India Ltd.
    • Long-term rating raised to BB+ from B at Crisil
    • Cites expectations that company’s business profile and liquidity will improve over medium-term

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Source: BFW (Bloomberg First Word)

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