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India Ratings upgrades Strides Arcolab’s long-term rating to ‘BBB+’

27 Oct 2012 Evaluate

Credit rating agency, India Ratings & Research (India Ratings), a Fitch Group Company, has upgraded Strides Arcolab’s long-term issuer rating to ‘BBB+’ from ‘BBB-’ with stable outlook.

The upgrade reflects the agency’s expectation of a sustained improvement in the company’s financial leverage (adjusted debt / EBITDA) in the medium term.

Strides Arcolab is a global pharmaceutical company headquartered in Bangalore, India that develops and manufactures wide range of IP-lead niche pharmaceutical products with an emphasis on sterile injectables.

Strides Pharma Scien Share Price

1000.70 6.80 (0.68%)
17-Apr-2026 16:59 View Price Chart
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