Credit rating agency CARE has reaffirmed ‘A1’ rating to Rs 400 crore Commercial Paper (CP) issues of Bombay Rayon Fashions.
The ratings derive strength from the promoters’ significant experience in the textile business, moderate gearing levels, growth in operations over the past few years and integrated operations with economies of scale coupled with growing focus of the company towards the high-margin garment business.
Bombay Rayon Fashions is engaged in manufacturing of fabrics and apparels. It has employee strength of over 32,000 people. The company owns 13 manufacturing facilities, including one sampling unit across the country.
| Company Name | CMP |
|---|---|
| Welspun Living | 125.45 |
| Vardhman Textiles | 557.75 |
| Arvind | 387.20 |
| K.P.R. Mill | 926.40 |
| Page Industries | 37935.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: