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

81.10 3.40 (4.38%) Apr 16, 18:01
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Peers
Company Name CMP
Arvind 62.65
Welspun India 81.10
PDS Multinational 670.00
Vardhman Textiles 1196.15
KPR Mill 1183.35
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SEBI Registered: Investment Adviser - INA000013323

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