Credit rating agency, ICRA has upgraded the long term rating for Rs 344.87 crore Line of Credit (LOC) of V-Guard Industries to ‘AA’ from ‘AA-’. The outlook on the long term rating has been revised to stable from positive. The aforesaid rating is valid until March 22, 2019.
V-Guard industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.
| Company Name | CMP |
|---|---|
| Havells India | 1243.00 |
| Siemens | 3842.80 |
| Apar Inds | 12675.00 |
| ABB India | 7272.55 |
| Waaree Energies | 3173.20 |
| View more.. | |
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