SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms ratings of Neo Corp International’s bank facilities

31 Mar 2014 Evaluate

Credit rating agency, CARE has reaffirmed ‘BBB’ rating to Neo Corp International’s long term bank facilities worth Rs 218.51 crore. The rating agency has also reaffirmed ‘A3+’ rating to short term bank facilities of the company worth Rs 103 crore.

The ratings continue to take into account the company’s established position as one of the largest manufacturers of technical textiles, its diversified product portfolio with a presence in three technical textile segments and the favourable government regulations for the industry.

The company is engaged in the manufacturing of technical textiles products under segments such as Packtech (finds application in packaging), Agrotech (agriculture, horticulture and forestry) and Geotech (geotextiles, civil engineering) having multiple applications in varied industries.

Peers
Company Name CMP
Welspun Living 123.85
Vardhman Textiles 545.10
Arvind 382.70
K.P.R. Mill 894.60
Page Industries 36971.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×