MoneyWorks4Me

CRISIL reaffirms rating of Automotive Stampings’ bank facilities

13 Jun 2011 Evaluate

Credit rating agency, CRISIL has reaffirmed the rating of ‘A/Stable’ for the Long Term borrowings and ‘P1’ for short term borrowings of Automotive Stampings and Assemblies.

Automotive Stampings and Assemblies (ASAL) is one of the largest manufacturers of sheet metal components and assemblies for the automotive industry. The company’s current product offerings includes skin parts of car, body in white components, under body members, fuel tanks, chassis and suspension parts, wheel housing and oil sumps. 

Peers
Company Name CMP
SamvardhanaMotherson 155.70
Tube Investments 2301.20
Bosch 44850.00
UNO Minda 1099.40
Bombay Burmah Trdg. 1306.00
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