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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

129.10 -3.90 (-2.93%) Nov 26, 18:01
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 7390.65
ACC 2309.30
Shree Cement 25936.65
Ambuja Cement 372.40
Dalmia Bharat 1894.05
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SEBI Registered: Investment Adviser - INA000013323

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