India Ratings upgrades Raj Rayon Industries’ Long-Term Issuer rating to ‘B+’

24 Nov 2014 Evaluate

Credit rating agency, India Ratings & Research (Ind-Ra) has upgraded Raj Rayon Industries’ Long-Term Issuer Rating to ‘B+’ from ‘D’. The outlook is stable. The upgrade reflects the successful implementation of the company’s corporate debt restructuring (CDR) programme on March 27, 2014.

Raj Rayon Industries is one of the leading manufacturers of polyester yarn in India with product range including polyester texturised yarn, partially oriented yarn and fully drawn yarn, backed by high technology plants located at Silvassa in the Union Territory of Dadra & Nagar Haveli, India.

Raj Rayon Industries Share Price

56.35 0.00 (0.00%)
28-Nov-2022 18:01 View Price Chart
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