India Ratings assigns long-term issuer rating of ‘AA-’ to Welspun India

14 Feb 2015

Credit rating agency, India Ratings has assigned long-term issuer rating of ‘AA-’ with stable outlook to Welspun India. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. Its portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.

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Welspun India Share Price

43.20 2.05 (4.98%) Aug 04, 10:59
1 Year Price Chart
Peers
Company Name CMP
Arvind 28.00
Welspun India 43.20
PDS Multinational 269.90
Vardhman Textiles 677.10
Garden Silk Mills 11.20
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Sensex vs Welspun India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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