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ICRA upgrades credit rating for Rs 1227.50 crore line of credit of Escorts

23 Nov 2017 Evaluate

Credit rating agency, ICRA has upgraded Escorts’ long term rating to A+ and Short term rating to A1+ with 'positive' outlook in respect of credit facilities for Rs 1227.50 crore.

Escorts offer a comprehensive range of tractors. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.

Peers
Company Name CMP
Escorts Kubota 2856.45
VST Tillers Tractors 4466.15
Indo Farm Equipments 138.25
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