Nitin Spinners gets ratings upgrade for bank facilities

From CARE

Nitin Spinners has announced that Credit Analysis and Research (CARE) has upgraded the rating of the Company on the basis of financial performance for the F.Y. 2013-14.

The long term bank facilities have been upgraded to CARE BBB from CARE BBB-.

The short term bank facilities have been upgraded to CARE A3+ from CARE A3.

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