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CARE reaffirms ratings of LA Opala RG’s bank facilities

16 Jan 2015 Evaluate

Credit rating agency, CARE has reaffirmed ‘A+’ rating to LA Opala RG’s long term bank facilities worth Rs 13 crore and ‘A1+’ rating to company’s Short term Bank Facilities worth Rs 3.80 crore. The rating agency has also reaffirmed ‘A+/ A1+’ rating to company’s Long/Short term Bank Facilities worth Rs 5 crore.

The aforementioned ratings continues to drive strength from the company’s experienced promoters, long track record, wide product range, strong brand name, dominant position in the opalware segment, established selling and marketing arrangement and satisfactory financial risk profile marked by prepayment of its entire long term borrowings and infusion of equity through preferential allotment leading to accumulation of liquid investments.

La Opala RG is engaged in the manufacturing and sale of glassware and tableware in India and abroad. Currently, the installed capacity of its Opal Division and Crystal Division stands at 12,700 MTPA and 1,080 MTPA respectively.

La Opala R G Share Price

182.50 2.05 (1.14%)
20-Apr-2026 16:59 View Price Chart
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