Credit rating agency, CARE has reaffirmed ‘BBB-’ rating to K G Petrochem’s long-term bank facilities worth Rs 92.66 crore. The rating agency has also reaffirmed ‘A3’ rating to the company’s short-term bank facilities worth Rs 48.20 crore.
The ratings of the bank facilities of K G Petrochem (KGPL) continue to derive strength from vast experience of its promoters, its established presence in terry towel manufacturing business with a geographically diversified and reputed clientele.
K G Petrochem (KGPL) is engaged in the manufacturing of terry fabric and garments.
| Company Name | CMP |
|---|---|
| Welspun Living | 126.90 |
| Vardhman Textiles | 550.05 |
| Arvind | 385.55 |
| K.P.R. Mill | 926.30 |
| Page Industries | 38360.00 |
| View more.. | |
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