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MoneyWorks4Me

CRISIL reaffirms ratings assigned to bank facilities of Praj Industries

19 Nov 2015 Evaluate

Credit rating agency, CRISIL has reaffirmed its ratings assigned to bank facilities of Praj Industries. The Cash Credit and Letter of Credit & Bank Guarantee have been reaffirmed ‘AA/Stable’ and ‘A1+’ rating respectively while the Proposed Long term bank loan facility has been reaffirmed at ‘AA/Stable’. 

Praj Industries is a Process Engineering and Technology Company offering innovative end-to-end solutions for biofuels, brewery, industrial processes and water and wastewater treatment systems.



Peers
Company Name CMP
Bharat Heavy Elect. 394.50
Zetwerk Manufactur 159.40
Thermax 3144.60
Kirloskar Industries 3248.50
Skipper 491.40
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