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SMERA Ratings assigns ‘A-’ rating to Hindustan Composites’ long term bank facilities

03 May 2016 Evaluate

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.

 

Peers
Company Name CMP
SamvardhanaMotherson 159.40
Tube Investments 2177.00
Bosch 50990.00
UNO Minda 1315.00
Bombay Burmah Trdg. 1291.30
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