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ICRA revises long term ratings of Hind Rectifiers

26 Mar 2016 Evaluate

Credit rating agency, ICRA has revised rating of Hind Rectifiers’ Fund Based Limit- cash credit worth Rs 21.50 crore to ‘BB+’ from ‘BBB-’. The rating agency has also Non- Fund Based- (LG/LC) worth Rs 14.00 cr to ‘A4+/BB+’ from ‘A3/BBB-’. The downfall in rating is due to slow in execution of orders. The credit rating has been downgraded by 1 notch.

Hind Rectifiers (Hirect) is engaged in developing, designing, manufacturing and marketing power semiconductor, power electronic equipment and railway transportation equipment.

Hirect Share Price

1266.10 3.50 (0.28%)
19-Aug-2026 16:59 View Price Chart
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