MoneyWorks4Me

ICRA upgrades long term bank facilities of Pricol to ‘BBB’

26 Jul 2012 Evaluate

Credit rating agency ICRA, has upgraded the assigned bank facilities of Pricol. The rating agency has upgraded the long term facilities of the company from ‘BBB-’ to ‘BBB’. Similarly, the rating agency has upgraded the short term facilities of the company from ‘A3+’ to ‘A3’

Pricol is engaged in the manufacture and export of a complete range of automotive components starting from instrument clusters, dashboard meters, fuel sensors, oil pressure switches, speedometer drive cables, fuel cut off valve, filter suction, etc.

Peers
Company Name CMP
SamvardhanaMotherson 157.50
Tube Investments 2338.60
Bosch 45599.85
UNO Minda 1115.00
Bombay Burmah Trdg. 1334.15
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