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CARE revises ‘BB’ rating of Websol Energy’s long term bank facilities

27 Mar 2012 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has revised ‘BB’ rating of Websol Energy System’s long term bank facilities. The rating agency has also revised A4 rating to the company’s short term bank facilities.

Websol Energy Systems is a leading producer of Solar Photovotaic Cells and Modules in India. It is one of the fastest growing companies within the solar photovoltaic industry in India with a 30 per cent annual growth rate and a 10 MW manufacturing facility for cells and modules.

Websol Energy System Share Price

116.30 5.50 (4.96%)
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