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CARE reaffirms rating of Prime Industries’ bank facilities

25 Oct 2012 Evaluate

Credit rating agency, CARE has reaffirmed rating of Prime Industries’ long term bank facilities worth Rs 9.62 crore to ‘C’. The rating agency has also reaffirmed rating of the company’s short term bank facilities worth Rs 0.50 crore to ‘A4’.

The company has received the said rating reaffirmation on the back of capital deployed by the partners and the financial strength of the firm at present.

Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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