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ICRA upgrades ratings assigned to bank facilities of Dynamatic Technologies

14 Aug 2014 Evaluate

Credit rating agency, ICRA has upgraded the Dynamatic Technologies’ long term rating for the captioned Line of Credit from ‘BB+’ to ‘BBB-‘. The credit rating agency, has also upgraded the short term rating for the captioned Line of Credit from ‘A4+’ to ‘A3’.

Dynamatic Technologies is engaged in the activity of manufacturing hydraulic gear pumps. It is also engaged in manufacturing a variety of advanced hydraulic valves, hydraulic pumping units, custom-made hydraulic solutions, marine power packs, turnkey industrial instrumentation, and complicated aircraft ground-support systems.

Peers
Company Name CMP
Kirloskar Brothers 1711.00
Elgi Equipments 573.85
Shakti Pumps (India) 424.65
KSB 786.00
Oswal Pumps 259.15
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