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CARE upgrades the corporate credit rating of La Opala RG to ‘A+’

12 Nov 2013 Evaluate

Credit rating agency, CARE has upgraded the corporate credit rating of La Opala RG to ‘A+’ from ‘A- ‘. The rating of the company’s short term bank facilities has also been upgraded to ‘A1+’ from ‘A2+’.

La Opala RG entered the crockery market and introduced a wide range of opalware with a capacity of 688 tonnes per annum at Madhupur Bihar. The main object of the company is to manufacture glass and glass products of all types.

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