Kirloskar Brothers credit rating outlook upgraded to positive
after close1 source ↓written by the desknot a recommendation
- loan facilities rated
- ₹1,700 cr
CRISIL Ratings has upgraded the outlook on Kirloskar Brothers Limited's long-term bank facilities to Positive from Stable, while reaffirming the rating at CRISIL AA. This change reflects the company's improving financial profile and business prospects.
• Long-term rating: CRISIL AA
• Short-term rating: CRISIL A1+
• Total bank loan facilities rated: ₹1,700 cr
This upgrade may enhance market sentiment around the company, indicating potential for future growth.
Not investment advice. For informational purposes only.