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CARE assigns credit rating to FD programme of Havells India

09 Apr 2014 Evaluate

Credit rating agency, CARE has assigned a credit rating of ‘AA+’ to the Fixed Deposit (FD) programme of the Havells India.

Havells India is engaged in selling products in Kerala for several years and the business has shown an upward trend in terms of turnover in a short span of time. It has 10 manufacturing facilities in India in various states, including Himachal Pradesh, Uttar Pradesh and Rajasthan.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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