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CARE revises rating of Provogue (India)’s bank facilities

03 Jan 2013 Evaluate

Credit rating agency, CARE has revised ‘A-’ ratings of Provogue (India)’s long-term bank facilities worth Rs 217.42 crore to ‘BBB+’. The rating agency has also revised ‘A2’ rating of company’s Short term Bank Facilities worth Rs 35.50 crore to ‘A3+’.

The company has received the said rating on the back of its experienced management and the promoters in the field of retail and trading operations and a widespread presence.

Provogue (India) is engaged in retailing of apparels and accessories in men and women segment. Provogue fashions and accessories were available across 124 Provogue stores and 104 national chain store locations.

Provogue India Share Price

0.93 0.00 (0.00%)
14-Nov-2019 18:01 View Price Chart
Peers
Company Name CMP
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Vardhman Textiles 580.60
Arvind 435.40
K.P.R. Mill 954.80
Page Industries 37326.50
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