SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms ratings of Welspun Syntex’s bank facilities

30 Oct 2013 Evaluate

Credit rating agency, CARE has reaffirmed ‘BBB’ rating to Welspun Syntex’s long term bank facilities worth Rs 121.06 crore. The rating agency has also reaffirmed ‘A3+’ rating to the company’s short term bank facilities.

The company has received the said ratings reaffirmation on the back of financial strength of the promoters - Welspun group, significant experience of the management in the textile business and healthy growth in both sales volume and sales realization due to partial implementation of the on-going project and increase in share of value added products in the company’s sales mix. 

The company is engaged in manufacturing of wide range of texturized/dyed polyester and nylon yarn from its two manufacturing units located at Silvassa and Palghar (Dist. Thane, Maharashtra).

AYM Syntex Share Price

203.60 12.70 (6.65%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 126.75
Vardhman Textiles 549.50
Arvind 385.05
K.P.R. Mill 919.20
Page Industries 38400.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×