CARE reaffirms ratings assigned to the bank facilities of Cera Sanitaryware

16 Aug 2012

Credit rating agency, CARE has reaffirmed the ratings assigned to the bank facilities of Cera Sanitaryware. The rating agency has reaffirmed A+ rating to the company’s long-term bank facilities worth Rs 94.46 crore while, the rating agency has also reaffirmed A1+ rating to short-term bank facilities worth Rs 22 crore of the company.

The company has received the said rating reaffirmation on the back of vast experience of the promoters along with the strong market position of Cera Sanitaryware (CSL) with an established brand in the Indian sanitaryware industry.

Cera Sanitaryware is a pioneer in the sanitaryware segment in India. Its manufacturing facility is located at Kadi in the Mehsana district of Gujarat. 

Related Cera Sanitaryware Ltd. Links:

Cera Sanitaryware Share Price

4115.10 33.60 (0.82%) Mar 03, 18:13
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Peers
Company Name CMP
Kajaria Ceramics 971.55
HSIL 180.05
Somany Ceramics 447.70
Asian Granito India 183.55
Cera Sanitaryware 4115.10
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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