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CARE revises ratings assigned to Birla Cable’s bank facilities

30 Nov 2016 Evaluate

Credit rating agency, CARE has revised the rating assigned to Birla Cable’s long term bank facilities from ‘A+ (SO)’ to ‘AA- (SO) stable’. The credit rating agency has also revised rating assigned to company’s short term bank facilities from ‘A1 (SO)’ to ‘A1+ (SO)’.

Birla Cable is a premier company in the field of Telecommunication Cables, which offers one of widest portfolio of Copper and Fibre Optic cables under its umbrella.

Peers
Company Name CMP
Polycab India 8410.00
KEI Industries 4720.00
RR Kabel Ltd. 2476.20
Finolex Cables 1469.95
Precision Wire India 499.10
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