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Apollo Tyres informs about credit rating

10 Dec 2015 Evaluate

Apollo Tyres has informed that CRISIL has upgraded its long term rating on the Bank facilities and other debt programmes of the Company from ‘CRISIL AA/Positive’ to ‘CRISIL AA+/Stable’ and reaffirmed its short-term rating as ‘CRISIL A1+’.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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