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CARE upgrades long term facilities of Ruchira Papers to ‘BB+’

19 Sep 2013 Evaluate

Credit rating agency, CARE has upgraded the credit rating of Ruchira Papers from ‘B+’ to ‘BB+’ assigned to long term facilities and ‘BB+/A4+’ assigned to short term facilities of the company.

Ruchira Papers incorporated in 1980 is engaged in manufacturing of Kraft Paper, which has applications in the packaging industry. The company is located in Himachal Pradesh.

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