ICRA reaffirms ratings of Graphite India

Graphite India Ltd. | Electrodes & Welding Equipment | Capital Goods & Industrial Consumables | BSE: 509488 | NSE: GRAPHITE

28 Mar 2020 Evaluate

The rating agency ICRA has reaffirmed the long-term rating for Rs 1,000 crore Line of Credit for working capital of Graphite India at ‘AA+’. The Outlook on the long term rating has been revised from Stable to Negative. The rating agency has also reaffirmed the short term rating for Rs 1,000 crore Line of Credit for working capital of the Company at ‘A1+’.

Graphite India is the pioneer in India for manufacture of Graphite Electrodes as well as Carbon and Graphite Speciality products.

Peers

Company Name	CMP
Graphite India	803.60
HEG Advanced Materi.	238.65
Esab india	5501.25
Ador Welding	1612.95
Diffusion Engineers	448.35
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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
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.