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CARE assigns ‘BBB-’ rating to Yash Papers’ long term bank facilities

16 Nov 2017 Evaluate

Credit Rating agency, Credit Analysis & Research (CARE) has assigned ‘BBB-’ rating to Yash Papers’ long term bank facilities worth Rs 141.96 crore. The rating agency has also assigned ‘A3’ rating to the company’s short term bank facilities worth Rs 23.04 crore. The said ratings are normally valid for a period of one year from the date of the company’s initial communication of rating i.e. November 15, 2017.

Yash Papers is a provider of consumer, industrial and protective packaging solutions. The company operates approximately three paper machines that manufacture low grammage machine glazed (MG) industrial bleached and unbleached grades of paper.

Pakka Share Price

98.90 -1.09 (-1.09%)
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Peers
Company Name CMP
JK Paper 365.05
TN Newsprints 141.15
West Coast Paper 478.00
Emami Paper Mills 73.94
Seshasayee Paper 265.00
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