Credit rating agency, SMERA Ratings has assigned ‘A-’ rating with ‘Stable’ outlook to Hindustan Composites’ long term bank facilities. The rating agency has also assigned ‘A2+’ rating to the company’s short term bank facilities.
Hindustan Composites, with its wide range of products suitable for a number of general and specialised applications, has been catering to the diversified needs of core sector industries, such as Railways, Engineering, Mining, Aerospace, Steel, Chemical, Petrochemical, Fertilizer, power generation, Ship building, Atomic Energy, Electrical, Oil exploration, Automotive, etc.