Credit rating agency CRISIL has revised rating of Cosmo Ferrites’ long term bank facilities to ‘B+’ from ‘BB-’. The rating agency has also revised rating to the company’s short term bank facilities to ‘A4’ from ‘A4+’ earlier.
Cosmo Ferrites is the leading manufacturer of soft ferrites in India, one of the leading manufacturers of Manganese Zinc Soft-ferrite from India. The company offers a wide range of soft ferrite for application in inverter Transformer, Current Transformer, Fly back Transformer, Driver Transformer, Pulse Transformer, Line Filter, Choke, Noise Suppressor etc.