CARE assigns AA- rating of Raymond’s NCD

01 Mar 2014 Evaluate

Credit rating agency, CARE has assigned ‘AA-’ rating to Raymond's Non-Convertible Debentures worth Rs 100 crore. The rating continues to draw strength from the resourceful and experienced promoter group and management, dominant position of the company in the worsted suiting fabrics industry, diversified revenue stream supported by the established brands and integration in the operations.

Raymond is one of India’s largest branded fabric and fashion retailers. It is one of the leading, integrated producers of suiting fabric in the world, with a capacity of producing 31 million meters of wool & wool-blended fabrics.

Raymond Share Price

1531.60 41.70 (2.80%)
31-Jan-2023 18:03 View Price Chart
Peers
Company Name CMP
Raymond 1531.60
Siyaram Silk Mills 512.10
KG Denim 29.75
Ludlow Jute &Special 88.60
BSL 168.15
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