Page 18 - Crisil

Crisil downgrades BHEL credit rating on long-term bank facilities

The rating on short-term facilities has been reaffirmed at A1-plus.

30-day overdues in microfinance loans may double to reach 14-16%: Crisil

Collection efficiency of MFIs likely to drop to 75-80% in May, from 90-95% in March, creating asset quality pressures

Crisil assigns 'highest' corporate governance rating to Bharti Airtel

Around 2.07 p.m., its shares on the BSE were trading at Rs 542.50, lower by Rs 2.55 or 0.47 per cent from its previous close.

Fund Pick: Why Aditya Birla Sun Life Savings Fund is a category winner

Rs 1,00,000 invested on April 15, 2003 (inception of the fund) would have grown to Rs 3,81,800 at (7.66% CAGR) on June 02, 2021 compared with Rs 3,41,750 (7.01% CAGR) for the peer group

Large steel mills grow larger on improved supply-chain efficiencies: Crisil

Market share gain, deleveraging makes room for capex revival

Crisil cuts FY22 growth projection to 9.5% on hit to pvt consumption

The economy had contracted by 7.3 per cent in FY21.

Order book position of road EPC firms to get better, says CRISIL

Asset monetisation in the roads sector will see an acceleration as EPC companies in this space pursue growth

Domestic electronics sector set to grow 12-17% in FY22: CRISIL SME Tracker

As the economy recovers, so should discretionary spending, which again will be salutary.

Expect complete recovery in residential realty only in 2024: Crisil

Better affordability, sustained WFH will spike demand in top six cities this fiscal. But Mumbai and Pune may see contraction due to the higher base of last fiscal

Housing demand to reach pre-Covid level after two years: Crisil

Housing sales in volume terms are expected to rise 5-10 per cent this financial year across six big cities but demand will reach to a pre-COVID level only after two years

Second Covid wave flattens fizz for soft-drink makers, says Crisil

India's non-alcoholic beverages industry is unlikely to reclaim pre-pandemic levels this fiscal: Crisil

ICICI Prudential Savings Fund: Conservative portfolio, consistent performer

The fund has consistently outperformed its peers (funds ranked under the low duration category in CMFR in March 2021) over the trailing periods under analysis

Tractor sales volume growth to be at 3-5% in current financial year: Crisil

Growth in the domestic tractor sales volume is likely to be at 3-5 per cent this fiscal, given the strong second wave of COVID-19 and rising cases in the hinterland, rating agency Crisil said.

Surge in vaccination to fortify revenues growth of glass makers: Crisil

Sharp increase in Covid-19 vaccination led pharma demand as well as expected healthy growth in end-user sectors is expected to drive revenue growth of glass makers, says ratings agency Crisil

Amid declining trend, Crisil says too early to say 2nd wave has peaked

Even as new Covid-19 infections have shown a declining trend, credit rating agency Crisil said it is too early to say that the second wave of the pandemic has peaked

Cheviot Co zooms 20% as firm announces special dividend of Rs 175 per share

The company has fixed July 16, 2021, as the record date fixed for the purpose of dividend

FY22 growth may slip to 8.2% if second wave peak comes in end-June: Crisil

India's economic growth may slip to 8.2% if the second wave peaks at end of June, domestic rating agency Crisil warned on Monday, maintaining its baseline estimate of an 11% uptick in activity

RBI's Rs 50K cr liquidity facility can augment hospital bed capacity Crisil

Reserve Bank's Rs 50,000-crore liquidity window can help augment the bed capacity at hospitals by up to 20% as credit will be available at cheaper costs, credit ratings agency Crisil said on Friday

About 3,400 rated firms eligible for recast under fresh rules: CRISIL

Actual number of units going for recast could be much lower as the impact of pandemic might be contained over next 2-3 months, says rating agency

Auto companies may see sharp increase in prices for steel contracts

Some have temporarily shut down units in the wake of rising Covid cases, but at least three major suppliers to the auto industry said the move was unlikely to impact negotiations