Syngene International receives upgrade in credit ratings from CRISIL

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Capital Market
Last Updated : Jul 07 2020 | 4:50 PM IST
Syngene International announced that CRISIL has upgraded the long term rating for the company to 'AA+/Stable outlook' from 'AA/Positive Outlook'.

The upgradation is inter-alia based on sustained improvement in Syngene's operating and financial performance, established market position in contract research, strong parentage, healthy financial risk profile and strong liquidity position.

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First Published: Jul 07 2020 | 4:31 PM IST

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