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CRISIL reaffirms ratings of ITC’s bank facilities

30 Jun 2014 Evaluate

Credit rating agency, CRISIL has reaffirmed ‘AAA/Stable’ rating of ITC’s long term bank facilities. The rating agency has also reaffirmed ‘A1+’ to the company’s short term bank facilities.

The ratings on the bank facilities of the company continue to reflect its excellent business risk profile with a presence in diverse businesses, dominant position in the Indian cigarette market, and strong sustainable profitability. The ratings also factor in the company’s exceptionally strong financial position.

ITC, a diversified conglomerate has business interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

 

ITC Share Price

305.40 -0.05 (-0.02%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ITC 305.40
Godfrey Phillips 2151.50
VST Industries 263.50
The Indian Wood Pro. 34.00
NTC Industries 167.60
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