MoneyWorks4Me

India Ratings & Research assigns rating to bank facilities of HEG

20 May 2015 Evaluate

Credit rating agency, India Ratings & Research has assigned ‘A1+’ rating to Commercial Paper of HEG amounting to Rs 100 crore. The Commercial Paper will be used to fund the working capital requirements.

HEG is amongst the leading graphite electrode manufacturer in India. The company owns one of the largest integrated graphite electrode plants in South-East Asia that processes sophisticated UHP (Ultra High Power) Electrodes.


Peers
Company Name CMP
Graphite India 782.25
HEG Advanced Materi. 225.80
Esab india 5754.40
Ador Welding 1549.70
Diffusion Engineers 428.70
View more..