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CARE assigns ‘A-’ rating to Vindhya Telelinks’ long term rupee loan

12 Nov 2014 Evaluate

Credit rating agency, CARE has assigned ‘A-’ rating to Vindhya Telelinks’ long term rupee loan facilities. Meanwhile, the rating agency has revised rating of the company’s long term bank facilities to ‘A-’ from ‘BBB’ earlier, while the rating agency has also revised the company’s short term bank facilities’ rating to ‘A2’ from ‘A3’ earlier.

The company is the leading supplier of Jelly Filled Telecommunication Cables and Optical Fiber Telecommunication cables to BSNL, MTNL and other leading user organizations like Railways, Defense, Coalfields, NTPC, SAIL, Atomic Energy, Bharti, Tata Tele Service, Reliance Infocom etc.

Peers
Company Name CMP
Larsen & Toubro 3770.00
Kalpataru Projects 1376.45
NCC 130.30
Rail Vikas Nigam 203.00
KEC International 390.40
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