ICRA revises rating of GTN Industries’ fund based facilities

06 Sep 2012 Evaluate

Credit rating agency, ICRA has revised rating of GTN Industries’ term loan facilities worth Rs. 115.98 and non-fund based sub limits worth Rs. 1.00 crore to D from B- .

The rating agency has also revised rating of company’s fund based facilities worth Rs. 68.54 crore and non-fund based facilities worth Rs. 25.30 crore to D from A4.

GTN Industries is having vertically integrated manufacturing set-up to produce fine and superfine cotton yarns, grey knitted fabrics, gassed fabrics, organic fabrics, mercerized fabrics and life style garments. Its Double Mercerized Cotton offers a unique One Stop Shop to those looking for an operationally strong and reliable source.

GTN Inds Share Price

30.00 -0.97 (-3.13%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Trident 36.54
Filatex India 58.50
Sutlej Textiles&Inds 50.30
Nahar Spinning Mills 267.00
Nitin Spinners 320.85
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