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CRISIL upgrades rating of Linc Pen’s long term bank facilities

18 Dec 2014 Evaluate

Credit rating agency, CRISIL has upgraded rating of Linc Pen & Plastics’ long term bank facilities to ‘A’ from ‘A-’. The rating agency has also upgraded rating of the company’s short term bank facilities to ‘A1’ from ‘A2+’.

Linc Pen & Plastics is a leading manufacturer and exporter of quality writing instruments in India. It has three large state-of-the-art manufacturing units in India located at two places, in Goa and in West Bengal.

Peers
Company Name CMP
DOMS Industries 2120.80
Flair Writing Ind. 233.65
Kokuyo Camlin 77.01
Linc 95.01
Sundaram Multi Pap 1.19
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