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ICRA reaffirms ratings assigned to CCL International’s bank facilities

13 Jan 2017 Evaluate

Credit rating agency, ICRA has reaffirmed the long-term rating of ‘BB’ to CCL International’s fund-based limits worth Rs 5 crore with stable outlook. The rating agency has also reaffirmed short-term rating of ‘A4+’ to the company’s non-fund-based limits worth Rs 8.50 crore. The said ratings are valid till April 30, 2017. 

CCL International operate in diversified segments majorly in Infrastructure segment and other business such as Trading of Steel, Cements, and dealt in different types of fabrics & fiber like Yarn, Jute, Sofa Fabrics, Cotton Fabrics & Grey Clothes, Iron & Ferrous & Non-Ferrous Metals and their Products.
 

Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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