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CRISIL assigns fundamental grade of 3/5 to Dhunseri Petrochem

03 Sep 2014 Evaluate

Credit rating agency, CRISIL Research has assigned a CRISIL IER fundamental grade of 3/5 on Dhunseri Petrochem& Tea. The grade indicates that the company’s fundamentals are ‘good’ relative to other listed equity securities in India. The rating agency has also assigned valuation grade of 5/5 to the company.

Dhunseri Petrochem & Tea is the flagship company of the Kolkata based Dhunseri group belonging to Dhanuka family. The company is engaged in cultivation, manufacture and sale of tea with 11 tea gardens (all of them located in and around Assam) and manufacturing of PET resins.

 

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