CARE revises ratings of Nitin Spinners’ Bank Facilities

01 Dec 2014 Evaluate

Credit rating agency, CARE has revised rating of Nitin Spinners’ Long-term Bank Facilities from BBB to BBB+ and Short-term Bank Facilities from A3+ to A2+. The rating agency has also revised rating of company’s Long-term/Short-term Bank Facilities from BBB/A3+ to BBB+/A2+.

Nitin Spinners is engaged in the manufacturing of cotton yarn and cotton knitted fabrics used in the hosiery segment.

Nitin Spinners Share Price

206.50 -3.10 (-1.48%)
06-Dec-2022 18:01 View Price Chart
Peers
Company Name CMP
Trident 36.90
Filatex India 97.65
Nahar Spinning Mills 303.20
Sutlej Textiles&Inds 65.00
Nitin Spinners 206.50
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