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Fitch assigns ‘A’ rating to Jindal Photo’s Long Term Bank Facilities

23 May 2013 Evaluate

India Ratings & Research, a Fitch Group Company has assigned ‘A’ rating to Jindal Photo’s Long Term Bank Facilities and A1 rating to Short Term Bank Facilities.

Jindal Photo, a company of 'BC Jindal Group', markets the products under the reputed brand name 'FUJIFILM'. The company has a very strong marketing network throughout the country, knitted through branches, distributors and dealers. The company has also sold photo-finishing labs throughout the country as a part of its business strategy to capture the market of color roll films and color paper.

Peers
Company Name CMP
Bajaj Finserv 1707.80
TVS Holdings 11517.70
Cholamandalam Fin. 1374.65
Altius Telecom Infra 172.00
Kama Holdings 2222.90
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