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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

285.25 -0.85 (-0.30%)
30-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
ITC 285.25
Godfrey Phillips Ind 2132.70
VST Industries 219.20
Indian Wood Products 33.00
NTC Industries 136.05
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