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CARE revises ratings assigned to Vindhya Telelinks’s bank facilities

30 Nov 2016 Evaluate

Credit rating agency, CARE has revised rating assigned to Vindhya Telelinks’ long term bank facilities from ‘A+’ to ‘AA-’ with stable outlook. The credit rating agency has also revised rating assigned to company’s short term bank facilities from ‘A1’ to ‘A1+’.

Vindhya Telelinks is engaged in the manufacture of cables and engineering, procurement and construction (EPC). The company is engaged in the business of manufacturing and sale of telecommunication cables, other types of wires and cables, fiber reinforced plastic (FRP) rods/glass rovings and connectorized cable products.

Peers
Company Name CMP
Larsen & Toubro 3658.55
Kalpataru Projects 1369.45
NCC 129.15
Rail Vikas Nigam 198.55
KEC International 348.00
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