Eureka Forbes receives credit rating upgrade from CARE Ratings
pre-market1 source ↓written by the desknot a recommendation
- Bank Facilities
- ₹288.75 cr
- ₹338.75 cr
Eureka Forbes Limited has achieved a credit rating upgrade from CARE Ratings, enhancing its Long-Term Bank Facilities from ₹288.75 cr to ₹338.75 cr. The Issuer Rating also improved from 'CARE AA-: Stable' to 'CARE AA: Stable'.
This upgrade reflects an enhanced financial capacity, which may improve investor confidence and potentially lower borrowing costs for the company.
Not investment advice. For informational purposes only.