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India Ratings revises ratings assigned to bank facilities of RSWM

26 Aug 2015 Evaluate

Credit rating agency, India Ratings & Research has revised Long Term and Short Term Credit Rating of RSWM. The Long Term Credit rating has been upgraded to ‘A+’ from ‘A’ and Short Term Credit Rating has been upgraded to ‘A1+’ from ‘A1’.

RSWM has business interests in areas of yarn, fabrics, garments and denim. It is one of the largest producers and exporters of polyester viscose blended yarn in the country.


Peers
Company Name CMP
Vardhman Textiles 530.20
Welspun Living 264.50
Arvind 499.75
Raymond Lifestyle 511.50
K.P.R. Mill 1174.05
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