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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 159.60
Tube Investments 2175.00
Bosch 47600.00
UNO Minda 1084.70
Bombay Burmah Trdg. 1181.15
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