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CARE reaffirms ratings assigned to AYM Syntex’s bank facilities

12 Sep 2017 Evaluate

Credit rating agency, CARE has reaffirmed ratings assigned to AYM Syntex’s bank facilities. The rating agency has reaffirmed rating assigned to the company’s long term bank facilities worth Rs 199.36 crore to ‘A’. CARE has also reaffirmed rating on short term bank facilities worth Rs 231 crore to ‘A1’.

AYM Syntex is a leading specialty yarn manufacturer with world class manufacturing technology for multipolymer products.

Peers
Company Name CMP
Vardhman Textiles 497.10
Welspun Living 212.25
Arvind 508.95
Raymond Lifestyle 500.85
K.P.R. Mill 1085.55
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