Hind Rectifiers gets revision in credit ratings

From ICRA

Hind Rectifiers has received upgradation in credit ratings from ICRA as under -

Long term fund based (cash credit Rs 36.30 crore) - ICRA BB/Stable (Revised from ICRA BB-/Stable)

Long term/ short term (non fund based limits Rs 20 crore) - ICRA BB/ Stable / ICRA A4+ (Revised from ICRA BB-/Stable/ ICRA A4)

Medium term (fixed deposits Rs 19 crore) - MB+/Stable (Revised from MB/Stable)

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