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CRISIL upgrades rating of Finolex Cables’ bank facilities

17 Oct 2013 Evaluate

Credit rating agency, CRISIL has upgraded its rating on the long-term bank facilities and non-convertible debenture programmes of Finolex Cables to ‘AA+/ Stable’ from ‘AA/Positive’. The rating on the company’s short-term bank facilities and debt programme has been reaffirmed at ‘A1+’.

The company has received the said ratings on expectation that the company will continue to remain strong on account of healthy operating performance going forward.

Finolex Cables is part of the diversified Finolex Group. The company manufactures wide range of  cables such as PVC insulated electrical cables, Flameguard - FRLS cables, auto and battery cables, PVC winding wires, jelly-filled telephone cables, LAN cables, switchboard cables. It is India's largest and leading manufacturer of electrical and telecommunication cables.

 

Finolex Cables Share Price

952.10 8.50 (0.90%)
20-Apr-2026 14:37 View Price Chart
Peers
Company Name CMP
Polycab India 8226.00
KEI Industries 4902.20
RR Kabel Ltd. 1472.20
Finolex Cables 952.10
Precision Wire India 366.90
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