India Ratings and Research reaffirms rating of Heidelberg Cement India

Heidelberg Cement India Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 500292 | NSE: HEIDELBERG

28 Mar 2020 Evaluate

The rating agency India Ratings and Research has reaffirmed the Long-Term Issuer rating of Heidelberg Cement India as ‘AA+’ with stable outlook. The credit rating in respect of 10.4% Non-Convertible Debentures has also been reaffirmed as ‘AA+’ with stable outlook.

Heidelberg Cement India with their core products being cement, ready mixed concrete, aggregates and related activities, is one of the leading producers of building materials worldwide.

Peers

Company Name	CMP
Ultratech Cement	11100.00
Ambuja Cements	384.75
ACC	1236.65
Shree Cement	22342.90
Dalmia Bharat	1698.10
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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