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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 497.10
Welspun Living 212.25
Arvind 508.95
Raymond Lifestyle 500.85
K.P.R. Mill 1085.55
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