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CRISIL assigns ratings to bank facilities of Pradeep Metals

15 Sep 2015 Evaluate

Credit rating agency, CRISIL has assigned ratings to bank facilities of Pradeep Metals. The credit rating agency has assigned ‘BBB+’ rating to the company’s long term bank facilities and ‘A3+’ rating to the company’s short term bank facilities.

Pradeep Metals is engaged in manufacturing of forgings for the defence, automobile, engineering and petrochemical industries, both for domestic and international markets.

Peers
Company Name CMP
Bharat Heavy Elect. 409.75
Thermax 3374.05
Kirloskar Industries 3540.65
Skipper 539.80
INDO-MIM 1242.10
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