Craftsman Automation credit rating reaffirmed and upgraded
pre-market1 source ↓written by the desknot a recommendation
Craftsman Automation Limited (CAL) has reaffirmed its long-term rating at Crisil AA-/Stable and short-term rating at Crisil A1+. The upgrade for its subsidiary, Sunbeam Lightweighting Solutions Limited (SLSL), follows the proposed merger with DR Axion India Limited, expected to enhance SLSL's business profile and balance sheet post-consolidation. 📈
Not investment advice. For informational purposes only.