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CRISIL revises ratings of Man Industries’ bank facilities

07 Dec 2018 Evaluate

Credit rating agency, CRISIL has revised Man Industries’ long-term credit rating from ‘BBB+/Stable’ to ‘A-/Stable’ and the short-term credit rating from ‘A2’ to ‘A2+’.

Man Industries (India) is engaged in manufacturing of LSAW Line Pipes, Hsaw Line Pipes and Aluminium Extruded Products. The main business line includes manufacturing & coating of Large Diameter Carbon steel pipes, Infrastructure, Realty & Trading.   

Peers
Company Name CMP
JSW Steel 1226.40
Tata Steel 175.85
Steel Authority 175.55
Jindal Stainless 735.80
APL Apollo Tubes 2129.05
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