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CRISIL assigns ratings to bank facilities of Damodar Industries

06 Oct 2017 Evaluate

Credit rating agency, CRISIL has assigned ‘BBB+/stable’ rating to Damodar Industries’ long term bank facility and ‘A2’ rating assigned to the company’s short term bank facility. The ratings have been assigned to total bank loan facilities worth Rs 139.22 crore. 

Further, the rating agency has also assigned ‘FA-/stable’ rating to the company’s fixed deposit programme worth Rs 15 crore.

Damodar Industries has a completely integrated and advanced production line for manufacturing fancy and speciality yarns. The company is engaged in spinning, draw-texturising, air-texturising, fancy doubling and yarn dyeing.

Damodar Inds. Share Price

29.39 2.86 (10.78%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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