CRISIL assigns ratings to Damodar Industries’ bank loan facilities

16 Mar 2021 Evaluate

Credit rating agency – CRISIL has assigned rating to Damodar Industries’ long term facilities at ‘BB+’/Stable and short term facilities at ‘A4+’. As per rating agreement, CRISIL Ratings would disseminate the ratings, along with the outlook, through its publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the instrument/facility. CRISIL Ratings reserves the right to withdraw, or revise the ratings, along with the outlook, at any time, on the basis of new information, or unavailability of information, or other circumstances which CRISIL Ratings believes may have an impact on the ratings.

Damodar Industries has a completely integrated and advanced production line for manufacturing fancy and speciality yarns. The company is engaged in spinning, draw-texturising, air-texturising, fancy doubling and yarn dyeing.

Damodar Inds. Share Price

41.36 -0.42 (-1.01%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Trident 36.54
Filatex India 58.50
Sutlej Textiles&Inds 50.30
Nahar Spinning Mills 267.00
Nitin Spinners 320.85
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