Credit rating agency CARE has reaffirmed BBB- rating to Rs 934.99 crore to long term bank facilities of Asahi India Glass. The rating agency has also reaffirmed A3 rating ato Rs Rs 315.92 crore short term bank facilities of the company.
The ratings continue to derive strength from the established track record of operations of the company, experience and demonstrated support of the promoters, established market position of AIS in both the auto and float glass segment and sustained relationships with Original Equipment Manufacturers (OEMs) in the auto-glass segment.
Asahi India Glass manufactures a spectrum of international quality automotive safety glass, float glass, architectural processed glass and glass products.
| Company Name | CMP |
|---|---|
| Asahi India Glass | 851.60 |
| Borosil Renewables | 498.50 |
| Borosil Scientific | 118.55 |
| Haldyn Glass | 91.76 |
| La Opala R G | 180.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: