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ICRA assigns rating to HSIL’s Rs 50 crore CP programme

21 Sep 2017 Evaluate

Credit rating agency, ICRA has assigned short term rating of ‘A1+’ to the Rs 50 crore Commercial Paper (CP) programme of HSIL. 

HSIL is one of the leading domestic players in container glass and building products segments. Under the second segment, the company manufactures and trades in sanitaryware products, faucets and wellness products. It has five manufacturing facilities in India, of which three are located in Andhra Pradesh, one in Rajasthan and one in Haryana.

Peers
Company Name CMP
Uflex 624.25
EPL 232.30
AGI Greenpac 771.40
Huhtamaki India 225.60
TCPL Packaging 4268.60
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