Credit rating agency, CRISIL has assigned ‘BB/Stable’ rating to Deep Industries’ long term bank facilities. The rating agency has also assigned ‘A4+’ rating to the short term bank facilities of the company.
The ratings reflect the experience of the company’s promoters in the paint industry, the firm's stable revenue profile, and its strong financial risk profile marked by healthy debt protection metrics.
Deep Industries is primarily caters to ever increasing demand for Oil and Gas Field Services requirements. The company is well diversified Oil & Gas Company with business interest in Air and Gas compression, Drilling, Work over and Oil & Gas Exploration and Production.
Company Name | CMP |
---|---|
ONGC | 275.20 |
Oil India | 699.60 |
Jindal Drilling&Inds | 657.00 |
Hind Oil Exploration | 190.90 |
Deep Industries | 296.10 |
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