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SMERA Ratings reaffirms ‘A-’ rating to Hindustan Composites’ long term bank facilities

16 Aug 2017 Evaluate

Rating agency SMERA Ratings has reaffirmed rating of ‘A-’ with ‘Stable’ outlook to Hindustan Composites’ long term bank facilities worth Rs 7 crore. The rating agency has also reaffirmed rating of ‘A2+’ to the company’s short term bank facilities worth Rs 18 crore.

Hindustan Composites is a pioneer in the development, manufacturing & marketing of Asbestos Industrial Products and Friction Materials in India.

Peers
Company Name CMP
SamvardhanaMotherson 158.00
Tube Investments 2166.50
Bosch 45042.70
UNO Minda 1087.50
Bombay Burmah Trdg. 1229.50
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