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

24 Nov 2014

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.

Related Raj Rayon Industries Ltd. Links:

Raj Rayon Industries Share Price

0.19 0.00 (0.00%) Sep 16, 18:01
1 Year Price Chart
Peers
Company Name CMP
JBF Industries 7.82
Indo Rama Synth 23.10
Banswara Syntex 70.00
Ganesha Ecosphere 258.80
Pasupati Acrylon 9.83
View more..
Sensex vs Raj Rayon Industries
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback