Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed ratings of Electrosteel Castings’ Long Term Bank Facilities at ‘BBB+/Negative’ and Long/Short Term Bank Facilities at ‘BBB+;Negative/A2’. The rating agency also reaffirmed ratings of Series IV 11.00% NCDs of Rs 50 crore at ‘BBB+; Negative’.
Electrosteel Castings, incorporated in 1955, is engaged manufacturing solutions for water supply and sewerage systems.
| Company Name | CMP |
|---|---|
| Tata Steel | 214.45 |
| JSW Steel | 1277.70 |
| SAIL | 184.80 |
| Jindal Stainless | 755.10 |
| APL Apollo Tubes | 1948.80 |
| View more.. | |
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