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CRISIL reaffirms ratings of KCP’s bank facilities

04 Aug 2017 Evaluate

Credit rating agency, CRISIL has reaffirmed rating of KCP’s long term bank facilities at ‘A-/ Stable’. The rating agency has also reaffirmed the company’s short term bank facilities at ‘A2+’. Moreover, CRISIL has reaffirmed rating of the company’s Rs 70 crore Non Convertible Debentures (NCDs) at ‘A-/ Stable’.

KCP is a diversified $50 million business group with interests in heavy engineering, sugar, cement, hydel power, information technology and biotechnology.

Peers
Company Name CMP
Ultratech Cement 11170.60
Ambuja Cements 387.25
ACC 1240.20
Shree Cement 22545.05
Dalmia Bharat 1733.45
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