Pratibha Industries has received CRISIL IER fundamental grade of ‘3/5’ from rating agency CRISIL Research. The grade indicates that the company’s fundamentals are ‘good’ relative to other listed equity securities in India. The rating agency has also assigned a valuation grade of 5/5 to the company.
Pratibha Industries is engaged in the business of integrated infrastructure solutions and manufacture of SAW pipes. As the company moves ahead, it has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.
