MoneyWorks4Me

India Ratings and Research assigns rating to Wockhardt’s debt programme

02 Dec 2015 Evaluate

Credit rating agency, Indian Ratings and Research has assigned a short term rating of  ‘A1+’ to Wockhardt’s proposed Rs 1 billion commercial paper (CP)/short-term debt programme .

Wockhardt is one of the few companies with end to end integrated capabilities for its products, starting with the manufacture of the oral and sterile API’s, the dose forms and marketing through wholly owned subsidiary in the US, enabling the company to capture maximum value.

Peers
Company Name CMP
Sun Pharma. Inds. 1782.00
Dr. Reddys Labs. 1208.00
Cipla 1334.00
Lupin 2010.00
Zydus Lifesciences 1138.50
View more..