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CARE reaffirms rating of Deepak Spinners’ Bank facilities

04 Oct 2012 Evaluate

Credit rating agency, CARE has reaffirmed BB+ rating to Deepak Spinners’ long-term bank facilities worth Rs 143.94 crore, which was enhanced from Rs 74.75 crore. The rating agency has also reaffirmed A4+ rating to the company’s short term bank facilities worth Rs 12.00 crore.

The company has received the said rating reaffirmation on the back of its experienced management, long track record, comfortable capital structure and coverage indicators. 

Deepak Spinners manufactures synthetic blended yarns, both grey and dyed, made of polyester, viscose, acrylic, and other man-made files. Its products include polyester and viscose yarn, acrylic yarn, acrylic polyester blends and acrylic viscose blends.

Deepak Spinners Share Price

112.25 -0.88 (-0.78%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.27
Filatex India 44.50
Nitin Spinners 491.35
Nahar Spinning Mills 257.55
Sanathan Textiles 445.80
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