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CARE Ratings reaffirms rating of Shree Cement’s Commercial Paper

17 Feb 2021 Evaluate

Credit rating agency -- CARE Ratings has reaffirmed rating of the Shree Cement’s Commercial Paper amounting of Rs 400 crore at ‘A1+’.

Shree Cement is a rapidly growing Company focused on its core business of Cement & Power. Currently, its manufacturing operations are spread over North and Eastern India across six states.

Peers
Company Name CMP
Ultratech Cement 10928.00
Ambuja Cements 362.90
ACC 1186.95
Shree Cement 22455.20
Dalmia Bharat 1683.85
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