SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Deepak Spinners gets BB+ rating for bank facilities from CARE

26 Jul 2011 Evaluate

Credit rating agency, CARE has assigned BB+ rating to Rs 74.75 crore long term bank facilities of Deepak Spinners. The rating agency has also assigned A4+ rating to Rs 12 crore short term bank facilities of the company.

The ratings take into consideration the short track record of profitability after continuous losses over the past few years and high price volatility of the raw material. The ratings also take into account the highly working capital intensive nature of the operations and sensitivity of the textile sector with respect to the government regulations.

Deepak Spinners is engaged in the manufacturing of variety of Polyester, Viscose and Acryclic Spun yarn, Grey and dyed in 100% as well as blended form.

Deepak Spinners Share Price

110.85 2.40 (2.21%)
04-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 24.35
Filatex India 48.36
Nitin Spinners 539.65
Nahar Spinning Mills 276.65
Sanathan Textiles 395.45
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×