Credit rating agency, CARE has revised ratings assigned to Lux Industries’ long term bank facilities to ‘A+’ from ‘A’ and the credit rating agency has also revised ratings assigned to company’s short term bank facilities to ‘A1+’ from ‘A1’.
Lux Industries manufactures and sells knitwear in India. The company offers a range of innerwear for men, women, and children. It also exports its products to the Middle East countries.