Credit rating agency, ICRA has revised the long-term rating of DCM Shriram Consolidated from ‘A-/Stable’ to ‘A/Stable’. The rating agency has also revised the short-term rating of the company from ‘A2+’ to’A1’.
DCM Shriram Consolidated runs two businesses -- energy intensive and agri business. Under agri business- the company is engaged into production of sugar, agri inputs, urea and hybrid seeds. Under energy intensive business- it produces chemicals, PVC resins, calcium carbide and cement.
