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CRISIL reaffirms ratings assigned to bank facilities of Page Industries

02 Apr 2015 Evaluate

Credit rating agency, CRISIL has reaffirmed the ratings assigned to bank facilities of Page Industries. The credit rating agency has reaffirmed ‘AA’ rating with stable outlook for Long-term rating of the company. The agency has also reaffirmed ‘A1+’ rating to Short-term rating of the company.

Page Industries has been engaged in the business of manufacturing garments. The company is located in Bangalore and is the exclusive licensee of Jockey International Inc (USA) for manufacture and distribution of the Jockey brand innerwear/ leisurewear for men and women in India, Sri Lanka, Bangladesh, and Nepal.



Peers
Company Name CMP
Vardhman Textiles 530.20
Welspun Living 264.50
Arvind 499.75
Raymond Lifestyle 511.50
K.P.R. Mill 1174.05
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