CRISIL upgrades rating of Rallis India’ long term bank facility

19 Dec 2017

Credit rating agency, CRISIL has assigned ‘AA+/stable’ rating to Rallis India’s long term bank facility of Rs 108.5 crore. This is an upgrade from the ‘AA/ Positive’ rating assigned earlier. The short term rating, for the company's Bank loan facilities of Rs 179.5 crore remains at ‘A1+’.

Rallis India mainly deals in Agri Business and has emerged as one of the leaders in the Indian Agrochemical Industry. The company is also in the Institutional business providing technical and bulk of various molecules to leading companies like Bayer, Syngenta, Excel, UPL, Gharda, Cheminova etc and has launched product for control of pest of public health importance.

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Rallis India Share Price

174.75 4.35 (2.55%) Nov 15, 18:01
1 Year Price Chart
Peers
Company Name CMP
UPL 530.10
BASF India 946.80
PI Industries 1434.05
Bayer CropScience 3372.70
Rallis India 174.75
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Sensex vs Rallis India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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