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ICRA upgrades rating of Suprajit Engineering’s long term bank facilities

20 Jul 2017 Evaluate

Credit rating agency ICRA has upgraded rating of Suprajit Engineering’s long term bank facilities to ‘AA’ from ‘AA-’. The rating agency has also reaffirmed ‘A1+’ rating to the company’s short term bank facilities.

Suprajit Engineering is India’s most preferred manufacturer of cables and instruments and meets the demand of virtually every major OEM in the automotive sector.

Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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