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ICRA assigns ratings to bank facilities of KG Petrochem

21 Jun 2016 Evaluate

Credit rating agency, ICRA has assigned a long-term rating of ‘BBB’ to long term bank facilities worth Rs 89.39 crore of KG Petrochem and short term rating of ‘A3+’ for bank facility worth Rs 43.20 crore of the company.

KG Petrochem is engaged in the manufacture and marketing of HDPE/PP woven sacks that finds a wide range of industrial applications.


Peers
Company Name CMP
Vardhman Textiles 535.60
Welspun Living 229.45
Arvind 529.00
Raymond Lifestyle 574.15
K.P.R. Mill 1123.35
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