Delton Cables (DCL) has received BB+ rating from credit rating agency, CARE for its long-term bank facilities worth Rs 9.62 crore. The company has also received A4+ rating from CARE for its short-term bank facilities worth Rs 21.60 crore.
The company has received the said rating on the back of its strengths from the wide experience of DCL’s promoters in the cable industry. The company’s long track record of operations with diversified and reputed clientele and its comfortable order book position coupled with moderate capital structure with minimum long-term debt.
The company is engaged in manufacturing cables and switchgears. The product range of the company includes control and instrumentation cables, low tension (lt) power cables, railway signaling cables, jelly filled telecom cables (JFTC), co-axial cables and telephone cables, etc.
| Company Name | CMP |
|---|---|
| Polycab India | 9533.80 |
| KEI Industries | 5261.10 |
| RR Kabel Ltd. | 2490.95 |
| Finolex Cables | 1114.90 |
| Precision Wire India | 420.90 |
| View more.. | |
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