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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 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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