ICRA assigns ratings to bank-facilities of Indo Count Industries

09 Jun 2015 Evaluate

Credit rating agency, ICRA has pronounced ‘A’ rating for Indo Count Industries Long Term Exposures and ‘A1’ rating for company’s Short Term Exposures. This improved Credit Rating will aid the lenders in lowering their Capital Adequacy on loan exposure to the company, which in-turn will result in reduction of applicable interest rates to the company.

Indo Count Industries is engaged in the manufacturing of 100% grey combed cotton yarn and knitted fabric. Its product range includes Cotton yarn, Knitted fabrics and Dyed yarn and core-spun yarn.


Indo Count Inds Share Price

353.10 -3.90 (-1.09%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
PDS 475.00
Vardhman Textiles 445.00
Arvind 269.20
Welspun Living 137.65
Alok Inds 25.75
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