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ICRA upgrades long-term rating of SML Isuzu

04 Jun 2015 Evaluate

Credit rating agency, ICRA has upgraded the long-term rating and reaffirmed the short-term rating of SML Isuzu. The credit rating agency has upgraded the long-term rating for the Line of Credit/Cash Credit Limits from ‘A+’ to ‘AA-’ while the short-term rating (short term debt facilities and Commercial Paper) has been reaffirmed to ‘A1+’.

SML Isuzu manufactures a range of vehicles such as trucks, buses and ambulances. The company has launched products like 4WD, Samrat, Sartaj, Dual Cab, Supreme-8 tonner, Truck- Super 12, Super ALFD and many more.


Peers
Company Name CMP
Tata Motors 433.30
Ashok Leyland 169.15
Force Motors 19584.35
Olectra Greentech 1025.40
SML Mahindra 5187.60
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