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ICRA upgrades ratings of Sunil Healthcare’s bank facilities

19 Aug 2015 Evaluate

Credit rating agency, ICRA has upgraded the long term rating assigned to Sunil Healthcare’s line of Credit (LOC) to ‘BBB’ from ‘BBB-‘ and short term rating to ‘A3+’ from ‘A3’.  The outlook on the long term rating is 'Stable'. The aforesaid ratings are valid till April 30, 2016.

Sunil Healthcare, having started its operations over three decades ago, is the second largest manufacturer of EHGC in India and enjoys immense credibility in various global markets.

Peers
Company Name CMP
Godrej Industries 1086.00
SRF 2502.40
BASF India 3524.15
Pidilite Inds. 1505.65
Tata Chemicals 647.70
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