CARE assigns ‘A1+’ rating to DCM Shriram Industries’ proposed issue of CP

16 Feb 2018 Evaluate

Credit Analysis & Research (CARE) has assigned ‘A1+’ rating to DCM Shriram Industries’ proposed issue of Commercial Paper (CP) to the tune of Rs 75 crore to be carved out of sanctioned working capital limits of the company. The rating indicates that such instruments carry lowest credit risks.

DCM Shriram Industries manufactures and sells sugar, alcohol, fine chemicals, and rayon tyrecords in India and internationally.


DCM Shriram Inds. Share Price

191.05 -6.00 (-3.04%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Shree Renuka Sugar 39.83
Bajaj Hindusthan Sug 31.14
Balrampur Chini Mill 537.05
Triveni Engg. & Inds 453.75
Dalmia Bharat Sugar 379.55
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