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CARE revises ratings assigned to Lux Industries’ bank facilities

15 Oct 2016 Evaluate

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.

Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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