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India Ratings assigns ‘Al+’ rating to BASF India’s Commercial Paper programme

07 Dec 2017 Evaluate

Credit rating agency, India Ratings and Research has assigned ‘Al+’ rating to BASF India’s Commercial Paper programme of Rs 750 crore. Instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations and carry lowest credit risk. This is in addition to the credit rating of ‘A1+’ awarded to the company by CRISIL for its Commercial Paper programme.

BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties.

BASF India Share Price

3703.10 20.65 (0.56%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
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