CRISIL downgrades ratings assigned to bank loan facilities and debt facilities of KCP

26 Oct 2013

Credit rating agency, CRISIL has downgraded the ratings of KCP’s bank loan facilities and debt facilities to ‘BBB+/Stable /CRISIL A2’ from ‘CRISIL A-/Stable/CRISIL A2+’. The ratings on the company’s fixed deposit programme have also been downgraded to ‘FA-/Stable’ from ‘FA/Stable’.

KCP is a diversified business group with interests in heavy engineering, sugar, cement, hydel power, information technology and biotechnology. KCP's cement division has a state-of-the-art cement manufacturing plant at Macherla in Andhra Pradesh.

KCP Share Price

98.10 3.95 (4.20%) Apr 22, 18:01
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Company Name CMP
Ultratech Cement 6093.50
ACC 1831.55
Shree Cement 28526.20
Ambuja Cement 295.40
Dalmia Bharat 1479.15
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