Kirloskar Pneumatic credit rating upgraded to CRISIL AA
pre-market1 source ↓written by the desknot a recommendation
- loan facilities
- ₹840 crore
Kirloskar Pneumatic Company Limited has received a credit rating upgrade from CRISIL, with its long-term rating improved to CRISIL AA (Stable). This upgrade applies to total bank loan facilities of ₹840 crore, reflecting the company's strong financial health and operational efficiency.
The short-term ratings remain reaffirmed at CRISIL A1+, indicating continued confidence in the company's ability to meet its financial obligations. This positive rating change may enhance investor sentiment and support future financing efforts.
Not investment advice. For informational purposes only.