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Dollar Industries issues CP of Rs 50 crore to HDFC Bank

03 Mar 2020 Evaluate

Dollar Industries has issued Commercial Paper (CP) of Rs 50 crore to HDFC Bank on February 28, 2020 in order to reduce finance cost. The CP will be matured on August 26, 2020.

Dollar Industries has become a force to reckon within the Innerwear Market. It is one of the country’s top five Hosiery undergarment manufacturers.

Peers
Company Name CMP
Vardhman Textiles 575.60
Welspun Living 210.45
Arvind 569.60
K.P.R. Mill 1128.10
Raymond Lifestyle 687.95
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