Aarti Surfactants credit rating downgraded by CARE Ratings
after close1 source ↓written by the desknot a recommendation
Aarti Surfactants Limited has received a credit rating downgrade from CARE Ratings, affecting its bank facilities and long-term instruments. The downgrade reflects margin pressures impacting the company's financial performance, with long-term bank facilities downgraded from CARE A- Stable to CARE BBB+ Stable and preference shares from CARE BBB+ Stable to CARE BBB Stable. 📉
This downgrade may raise concerns among investors regarding the company's financial stability and could impact borrowing costs moving forward.
Not investment advice. For informational purposes only.