MoneyWorks4Me

Brickwork Ratings revises credit ratings of RMC Switchgears

24 Dec 2020 Evaluate

Credit rating agency -- Brickwork Ratings has revised RMC Switchgears' credit rating for the Long term bank facilities at ‘BB+’ with stable outlook and Short term bank facilities at ‘A4+’.

RMC Switchgears is primarily engaged in the business of designing and manufacturing of, Enclosures of Energy Meters, LT/HT Distribution Boxes and Panels, Junction Boxes, Feeder Pillars and other Power Distribution and Circuit Protection Switchgears made from Mild Steel, Stainless Steel in Fabrication and Deep Drawn Process along with Sheet Moulding Compound and Bulk Moulding Compound (DMC) materials.

 

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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