ALFA Filings
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ICRA assigned credit ratings to bank facilities of Gravita India's material subsidiary, Rashtriya Metal Industries Limited, for a total rated amount of ₹600 Crore.
India Ratings and Research has revised Gravita India's outlook from Stable to Positive for its ₹150 Crore bank facilities. This upgrade reflects improved creditworthiness and financial stability.
ICRA upgraded Gravita India's credit rating to [ICRA]AA (Stable) from [ICRA]AA- (Stable) for Rs.1,000 Crore limits. This reflects improved credit profile and may lower borrowing costs.
India Ratings reaffirmed Gravita India Limited's credit rating at IND AA-/Stable/IND A1+ for its ₹150 Crore bank facilities. This stable outlook reflects healthy financial performance.