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CARE assigns ‘BBB’, ‘A3+’ ratings to bank facilities of the Kaira Can company

19 Sep 2014 Evaluate

Credit rating agency, CARE has assigned ‘BBB’ rating to Kaira Can Company’s long term bank facilities. The rating agency has also assigned ‘A3+’ rating to short term bank facilities of the company. Further, ICRA has assigned ‘MA-’ rating for public deposit programme of the company. 

Kaira Can Company is one of the leading manufacturers of metal containers. The company manufactures a wide range of OTS and General Purpose Cans for packing Processed Foods, Ready-to-eat Foods, Canned Vegetables, Fruit Pulps, Juices, Pickles, Dairy Products, etc and Aerosol cans for Deodorants, Room Fresheners, Pesticides, etc. 

 

Peers
Company Name CMP
Uflex 613.90
EPL 231.55
AGI Greenpac 743.35
Huhtamaki India 235.55
TCPL Packaging 4216.35
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