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Escorts informs about credit rating

30 Oct 2020 Evaluate
Escorts has informed that Crisil has renewed the rating with upward revision in outlook to Positive from Stable and reaffirmed the credit ratings as follows: Product Rating Limits, Long-Term rating CRISIL AA- with positive outlook Rs. 1000 cr.,Short-Term rating CRISIL A1+, Commercial Paper Rating CRISIL A1+ Rs. 100 cr. The copy of the published rating is available on the website of CRISIL at the following link:
https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/Escorts_Limited_October_29_2020_RR.html

The above information is a part of company’s filings submitted to BSE. 

Peers
Company Name CMP
Escorts Kubota 2720.75
VST Tillers Tractors 4257.10
Indo Farm Equipments 128.80
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