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

69.15 -1.00 (-1.43%) Jan 24, 18:01
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Company Name CMP
Ultratech Cement 4641.05
ACC 1565.00
Shree Cement 23148.35
Ambuja Cement 215.85
JP Associate 2.04
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SEBI Registered: Investment Adviser - INA000013323
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