Credit rating agency, India Ratings & Research has upgraded the ratings assigned to bank facilities of IG Petrochemicals. The credit rating agency has upgraded the long-term borrowings from ‘BBB+’ to ‘A-’ while the short-term rating has been upgraded from ‘A2+’ to ‘A1’.
IG Petrochemicals is a dominant player in the domestic Phthalic Anhydride (PAN) industry. IGPL has its manufacturing facilities located at Taloja, Maharashtra.
| Company Name | CMP |
|---|---|
| BASF India | 3696.60 |
| Tata Chemicals | 708.85 |
| SRF | 2464.95 |
| Pidilite Inds. | 1401.95 |
| Deepak Nitrite | 1678.80 |
| View more.. | |
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