Brickworks Ratings upgrades Vikas Ecotech's credit rating

Credit Rating agency, Brickworks Ratings has upgraded the credit rating of Vikas Ecotech from ‘BBB-’ to ‘BBB+’. The upgraded ratings showcase the company’s improved and strong fundamentals across finance, operations and government parameters. The company has been continuously working to ensure better performance in terms of financial parameters as also garnering higher market price.

Vikas EcoTech manufactures and distributes specialty polymers compounds and additives. The Company's segments include Chemical Division, Real Estate Division, Agro Division and Service Division.