Credit rating agency, ICRA has reaffirmed the ratings assigned to bank facilities of Parrys Sugar Industries. The credit rating agency has reaffirmed the Long term rating for the Line of Credit of Rs 180 crore at ‘BBB+’. The outlook on the long term rating is stable.
Further, the credit rating agency has also reaffirmed the Short term ratings for the Line of Credit of Rs 20 crore at ‘A2’. The aforesaid ratings are valid till November 2015.
Parrys Sugar Industries (PSIL) is a distinguished and rapidly expanding sugar producer in India. PSIL, a subsidiary of EID Parry (India), is one of the fastest growing organizations in India. It has three sugar plants with a combined crushing capacity of 11,500 tonnes of cane per day (TCD).
| Company Name | CMP |
|---|---|
| Shree Renuka Sugar | 27.30 |
| Bajaj Hindusthan Sug | 18.06 |
| Triveni Engg. & Inds | 384.20 |
| Balrampur Chini Mill | 475.55 |
| Dalmia Bharat Sugar | 378.75 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: