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CRISIL assigns Fundamental Grade of ‘3/5’ to Phillips Carbon Black

18 Oct 2014 Evaluate

Credit rating agency, CRISIL has assigned the Fundamental Grade of ‘3/5’ to Phillips Carbon Black highlighting Good Fundamentals. The agency has also assigned the Valuation Grade of ‘4/5’ highlighting that the CMP has got some upside.

Phillips Carbon Black, established in 1960 and a part of the RPG Group pioneered the carbon black industry in India. It is now the leading producer of carbon black in the country.

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