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India Ratings upgrades rating assigned to bank facilities of IFB Agro Industries

27 Feb 2015 Evaluate

Credit rating agency, India Ratings and Research has upgraded IFB Agro Industries’ Long Term issuer rating to ‘A’ from ‘A-‘.

IFB Agro Industries is one of the largest producers of alcohol in Eastern India. The company is also engaged in the production of Carbon Dioxide Gas & processing of Marine Products for Export as well as for the Indian market.

Peers
Company Name CMP
United Spirits 1390.00
United Breweries 1248.95
Radico Khaitan 4438.00
India Glycols 264.00
Allied Blenders&Dist 651.00
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