Credit rating agency, CRISIL has reaffirmed ‘A’ rating with stable outlook to the long-term borrowings of Automotive Stampings and Assemblies. Moreover, the rating agency has also reaffirmed A1 rating to short-term borrowings of the company.
Automotive Stampings and Assemblies is into the production of a wide range of sheet metal components for the automotive industry. Its product mix can be broadly classified into three categories: (i) Structural Panels and Skin Panels for the vehicle body (BIW) (ii) Modules and Aggregates including Chassis sub-assemblies (Under body) (iii) Oil Sumps and Fuel tanks. Its products mainly cater to passenger and commercial vehicles.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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