Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar

CARE assigns ‘BBB’, ‘A3’ ratings to Hindoostan Mills’ bank facilities

26 Sep 2014

Credit rating agency, CARE has assigned ‘BBB’ rating to Hindoostan Mills’ long term bank facilities Fund-based worth Rs 10 crore and Term loan worth Rs 29.30 crore. The rating agency has also assigned ‘A3’ rating to the company’s short term bank facilities worth Rs 0.70 crore.

The ratings assigned to the bank facilities of the company derive strength from the experience of the promoters in the Textile industry, partly integrated operations, moderate profitability margins and comfortable financial risk profile. 

Hindoostan Mills operates as a composite cotton textile mill having both spinning & weaving facilities and manufactures cotton woven greige fabrics of various qualities.

Related Hindoostan Mills Ltd. Links:

Hindoostan Mills Share Price

350.00 -15.00 (-4.11%) Jul 27, 18:01
1 Year Price Chart
Peers
Company Name CMP
Arvind 102.55
Welspun India 134.35
PDS Multinational 1215.45
Vardhman Textiles 1880.15
K.P.R. Mill 2002.25
View more..
Sensex vs Hindoostan Mills
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback