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Crisil reaffirms Sundram Fasteners’ short term debt rating at ‘A1+’

23 Aug 2022 Evaluate

Credit rating agency -- Crisil has re-affirmed Sundram Fasteners’ short term debt rating at ‘A1+’. Also, the agency has re-affirmed the company’s commercial paper rating at ‘A1+’.

Sundram Fasteners is primarily engaged in manufacture and sale of bolts and nuts, water pumps, sintered products, cold extruded components, hot and warm forged parts, radiator caps and other parts which have applications mainly in automobile industry.

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