Ramkrishna Forgings gets upgradation of credit ratings

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Capital Market
Last Updated : Jun 17 2015 | 12:47 PM IST

From ICRA

Ramkrishna Forgings announced that the Rating Committee of ICRA after due Consideration has revised upwards the long term rating from [ICRA]BBB+ (pronounced ICRA triple B plus) to [ICRA]A- (pronounced ICRA A minus) and the short term rating from [ICRA]A2 (pronounced ICRA A two) to [ICRA]A2+ (pronounced ICRA A two plus). The outlook for the long term rating is Stable.

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First Published: Jun 17 2015 | 12:10 PM IST

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