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CARE re-affirms ratings of Shiva Cement’s Banking facilities

30 Dec 2013 Evaluate

Credit Analysis & Research (CARE) has re-affirmed BBB rating to Shiva Cement’s long term facilities upto Rs 185 crore and A3 rating for short term facilities upto Rs 1.5 crore.

Shiva Cement is engaged in manufacturing of cement and allied products. Its plants are located at Kalunga and Sundargarh in Orissa. The company has a combined installed capacity of 177,000 tonnes per annum.

Peers
Company Name CMP
Ultratech Cement 11094.25
Ambuja Cements 352.70
ACC 1144.15
Shree Cement 23302.40
Dalmia Bharat 1520.30
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