ICRA revises ratings of NCL Industries’ bank facilities

13 May 2016

Credit rating agency, ICRA has revised rating of NCL industries’ Term Loans of Rs 112.90 crore and Working Capital facilities of 75.00 crore to ‘BB+’ from ‘B+’. The rating agency has also revised the rating of company’s Non fund based limits of Rs 5.00 crore to ‘A4+’ from ‘A4’.

NCL Industries is an India-based company engaged in manufacturing cement. The Company operates through segments, including Cement, Boards, Prefab structures, Hydel Power and Ready-Mix Concrete (RMC).

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NCL Industries Share Price

177.30 -1.80 (-1.01%) Mar 05, 15:05
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SEBI Registered: Investment Adviser - INA000013323