Credit rating agency, Credit Analysis & Research (CARE) has revised the ratings assigned to bank facilities of Sanghvi Forging & Engineering. The credit rating agency has revised Long-term rating and Short-term rating to ‘D’.
Sanghvi Forgings & Engineering is an ISO 9001:2008 Certified Indian company engaged in manufacturing of open and closed die forgings products for the oil and gas, petro-chemicals, ship building, power and other sectors. It also exports to various foreign countries over the last two decades.
