Credit rating agency, CARE has reaffirmed ‘BBB+ (stable)’ rating to Magna Electro Castings’ long term bank facilities worth Rs 12.08 crore. The rating agency has also reaffirmed ‘A2’ rating to the company’s short-term bank facilities worth Rs 15.25 crore.
Magna Electro Castings is engaged in the manufacture of iron castings, including grey iron, spheroidal graphite (SG) iron and other iron alloy castings-machined and unmachined, and steel components. It operates through two segments: Foundry division and Wind Energy Generation division.
| Company Name | CMP |
|---|---|
| AIA Engineering | 3958.20 |
| Alicon Castalloy | 684.70 |
| Nelcast | 141.10 |
| Steelcast | 295.55 |
| Synergy Green Inds. | 514.80 |
| View more.. | |
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