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CRISIL assigns rating to bank facilities of Havells India

10 Sep 2014 Evaluate

Credit rating agency, CRISIL has assigned the rating to the Fixed Deposit and Commercial Paper Programmes of Havells India. The credit rating agency has assigned ‘FAAA / Stable’ rating to the Fixed Deposit Programme of the company while it has assigned ‘A1+’ rating to the Commercial Paper Programme.

Havells India is a $1.3 Billion leading Fast Moving Electrical Goods (FMEG) Company with a strong global footprint. Havells enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Pumps, Fans, Modular Switches, Home Appliances, Electric Water Heaters, Power Capacitors, CFL Lamps etc.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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