Fitch Ratings upgrades Greaves Cotton’s long term rating

21 Dec 2011 Evaluate

Fitch Ratings has upgraded long term rating of Greaves Cotton from AA (-IND) to FITCH AA. The rating AA (IND) reflects high credit quality, besides indicating a low expectation of credit risk.

Greaves Cotton (GCL) is a well-diversified engineering company. The company is engaged in manufacturing of diesel and petrol engines, gensets, agro equipments and construction equipments. The company owns six manufacturing units located in the states of Maharashtra and Tamil Nadu.

Greaves Cotton Share Price

150.80 -0.55 (-0.36%)
Jul 05, 18:01 View Price Chart
Peers
Company Name CMP
Cummins India 1066.10
Greaves Cotton 150.80
Swaraj Engines 1477.40
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