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CARE revises long-term bank facilities and NCDs ratings of Sintex Industries to ‘AA’

16 Nov 2013 Evaluate

Credit rating agency, Credit Analysis and Research (CARE) has assigned the revised rating of ‘AA’ to the long-term bank facilities and non-convertible debentures (NCDs) of Sintex Industries, indicating the high degree of safety regarding timely servicing of financial obligations.

The rating agency has also re-affirmed short-term debt / Commercial Paper (CP) rating of ‘A1+’ indicating very strong degree of safety regarding timely payment of financial obligation.

Sintex Industries is the world largest producer of plastic water tank. It manufactures a wide range of plastic products including prefabricated structures, industrial custom molding products, monolithic constructions and water storage tanks.

Sintex Industries Share Price

2.21 0.00 (0.00%)
10-Feb-2023 18:03 View Price Chart
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