Ind-Ra upgrades Prism Johnson’s instruments rating

06 Mar 2021

Credit rating agency -- India Ratings and Research, (Ind-Ra) has upgraded Prism Johnson’s Non-convertible debentures (NCDs), Term loans and Fund-based limits at ‘A+’ with stable outlook. Non-fund-based working capital limits, Unsecured short-term loans and Commercial paper (CP) Programme has been upgraded to ‘A1+’.The rating also upgraded company’s term deposit programme to ‘tAA-’.

Prism Johnson (formally known as Prism Cement) is a building materials company. The company has interest in Portland cement, tiles, bathroom and kitchen (TBK) and ready mixed concrete (RMC).

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Prism Johnson Share Price

126.55 -2.60 (-2.01%) Apr 22, 18:01
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