CRISIL downgrades ratings of Winsome Diamonds and Jeweller

14 May 2013 Evaluate

CRISIL has downgraded ratings of Winsome Diamonds and Jeweller to 'D' and placed it under watch list. The rating is revised in view of continuous default of the Company's overseas customers and consequent devolvement of LCs

Winsome Diamonds and Jewellery (formerly know as Su-Raj Diamonds and Jewellery) is a flagship company of the Su-Raj Group. The company’s operations are universal in scope and global in spread covering all facets of diamond and jewellery manufacture and trading in rough and polished stones, at all key locations worldwide

Peers
Company Name CMP
Redington 205.85
Adani Enterprises 2341.95
Amrapali Industries 17.31
Rashi Peripheral 413.85
Compuage Infocom 3.05
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