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Brickwork Ratings upgrades rating of TVS Electronics’ long term bank loan facilities

22 Dec 2015 Evaluate

Credit rating agency, Brickwork Ratings India has upgraded rating of TVS Electronics’ long term bank loan facilities to ‘BBB+’ from ‘BBB’. The rating agency has also upgrade rating of the company’s short term bank loan facilities at ‘A3+’ from ‘A3’.

TVS Electronics is a market leader in the Dot Matrix Printer and is well established in sale and services of Point of Sale products. The company is also a leader in providing Warranty and Repair Management Services to reputed brand owners in Information Technology, Banking and Mobile Communications segments.

Peers
Company Name CMP
Ivalue Infosolutions 222.75
Control Print 598.30
TVS Electronics 403.00
Schneider Electric 1706.80
NELCO 1010.70
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