Credit rating agency, CARE Ratings has reaffirmed ‘A-’ rating with positive outlook to the long term bank facilities availed by KEI Industries. Rating agency has also reaffirmed ‘A-(FD)’ rating with positive outlook to medium term instrument i.e. fixed deposits scheme of the company
Further, CARE has reaffirmed ‘A2+’ rating to the short term bank facilities and commercial paper facility availed / to be availed by the company.
KEI Industries is a cable manufacturing company. It offers high and low tension cables, control and instrumentation cables, house wires and stainless steel wires, and high-technology specialty cables.