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India Ratings upgrades rating of Eveready Industries

30 Apr 2015 Evaluate

Credit rating agency, India Ratings and Research has upgraded Eveready Industries India’s long-term credit rating to ‘A+’ from ‘A-’. The agency viewed the company’s credit outlook as stable after its long-term loan reduced to Rs 85.76 crore from Rs 92.5 crore.

The upgrade follows the company’s ability in the recent quarters to increase battery prices while maintaining its volume growth. The company also leveraged the Eveready brand to sell its other products such as LED lights and rechargeable fans.

Eveready Inds. India Share Price

302.45 5.25 (1.77%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Exide Inds 330.05
Amara Raja Energy 778.45
HBL Engineering 786.60
Eveready Inds. India 302.45
Indo-National 326.15
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