Credit rating agency, ICRA has reaffirmed A+/stable rating to Torrent Cables’ long term bank facilities worth Rs 38 crore. The rating agency has also reaffirmed A1+/stable rating to the company’s short term bank facilities worth Rs 61 crore.
The company is one of the market leaders in HT Power Cable segment with a manufacturing capability of up to 132 kV XLPE Cables. It has maintained its competitive edge, while operating in a market segment that includes SEBs, Utilities, EPCs, Government/Semi-Government/Private Companies.
