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

26 Sep 2014 Evaluate

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.

 

Peers
Company Name CMP
Vardhman Textiles 577.60
Welspun Living 214.65
Arvind 552.40
Raymond Lifestyle 648.00
K.P.R. Mill 1141.30
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