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CRISIL revises rating of Banswara Syntex’s bank facilities

25 Oct 2016 Evaluate

Credit rating agency, CRISIL has revised rating of Banswara Syntex’s long term bank facilities to ‘BBB+/ positive’ from ‘BBB+/Stable’. The rating agency has reaffirmed rating of company’s short term bank facilities to ‘A2’.

Banswara Syntex is a vertically integrated textile mill, manufacturing man-made synthetic blended Yarn, wool and wool mixed yarn, all type of Fabrics, Jacquard Furnishing Fabrics, besides production of Readymade Garments and Made-up's. It has also production of Technical Fabric. The Company is one of the largest single mill setup producing spun fibre-dyed yarns in Asia and 90% of the production is fibre dyed.

Banswara Syntex Share Price

113.22 0.41 (0.36%)
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