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

135.25 1.25 (0.93%)
Jul 07, 15:33 View Price Chart
Peers
Company Name CMP
Welspun India 72.05
Alok Inds 21.10
PDS 1700.00
Vardhman Textiles 280.90
Arvind 90.10
View more..