CRISIL assigns fundamental grade of 3/5 to Indo Count Industries

Credit rating agency, CRISIL Research has assigned a CRISIL IER fundamental grade of 3/5 to Indo Count Industries. 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 3/5 to the company.

Indo Count Industries is engaged in the manufacturing of 100% grey combed cotton yarn and knitted fabric. Its product range includes Cotton yarn, Knitted fabrics and Dyed yarn and core-spun yarn.