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Sundaram Brake Linings informs about credit rating

22 Jun 2016 Evaluate

Sundaram Brake Linings has informed that ICRA has reaffirmed the long term rating for the captioned line of credit at [ICRA] BBB+ (pronounced ICRA triple B plus) and short term rating for the aforementioned bank facilities at [ICRA] A2 (pronounced ICRA A two). It has also stated that the outlook on the long term rating is stable.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 158.75
Tube Investments 2169.10
Bosch 47896.65
UNO Minda 1117.10
Bombay Burmah Trdg. 1230.80
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