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.
| Company Name | CMP |
|---|---|
| Polycab India | 8184.95 |
| KEI Industries | 4841.10 |
| RR Kabel Ltd. | 1475.45 |
| Finolex Cables | 943.60 |
| Precision Wire India | 377.20 |
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