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ICRA upgrades ratings of Minda Industries’ bank facilities

20 Aug 2015 Evaluate

Credit rating agency, ICRA has upgraded the long term rating assigned to Minda Industries to ‘A+’ and short term rating to ‘A1+’. 

Minda Industries is engaged in the business of manufacturing switches and batteries for 2/3 wheelers and off-road vehicles.

Peers
Company Name CMP
SamvardhanaMotherson 167.50
Tube Investments 2299.00
Bosch 52450.00
UNO Minda 1334.00
Bombay Burmah Trdg. 1272.70
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