Credit rating agency, CRISIL has upgraded its ratings assigned to the bank facilities of Rama Phosphates. The credit rating agency has upgraded the long-term rating (for term loans) of the company from ‘BB/Stable’ to ‘BBB-/Stable’. Similarly, the short-term rating (for working capital facilities) of the company has been upgraded from ‘A4+’ to ‘A3’.
Rama Phosphates is one of the leading fertilizer manufacturing company in India. The products of RPL are marketed in various states in the country under brand name of ‘Girnar’ and ‘Suryaphool’. Both the brands are leading brands in the states of Maharashtra, M.P, Chhatisgarh, Rajasthan, Karnataka, Haryana, Gujarat, etc.
Company Name | CMP |
---|---|
Coromandel Interntl. | 1135.00 |
National Fertilizers | 104.45 |
Chambal Fert & Chem | 408.00 |
RCF | 150.90 |
Paradeep Phosphates | 71.19 |
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