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Prince Pipes & Fittings receives revision in credit ratings from CRISIL

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Capital Market
Prince Pipes & Fittings has received revision in credit ratings from CRISIL as under:

Long term rating - CRISIL A+/ Stable (upgraded from CRISIL A/ Positive)
Short term rating - CRISIL A1+ (upgraded from CRISIL A1)
Total bank facilities rated - Rs 668 crore (enhanced from Rs 591 crore)

Rs 50 crore commercial paper - CRISIL A1+ (upgraded from CRISIL A1)

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First Published: Jan 06 2022 | 5:30 PM IST

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